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Mall Brand Merger: JCPenney Unites With Forever 21, Aeropostale, Brooks Brothers Operator
JCPenney is merging with a company that owns several other retailers that have also struggled as malls have declined in popularity across the U.S.
The 123-year-old department store chain and SPARC Group have combined to form Catalyst Brands, the new company said in a news release on Wednesday, Jan. 8. SPARC Group is the operator of stores including Aéropostale, Brooks Brothers, Eddie Bauer, Forever 21, Lucky Brand, and Nautica.
Former JCPenney CEO Marc Rosen will become the CEO of Catalyst Brands, which boasts more than $9 billion of revenue and about 60,000 employees at …
Coastal Gem Named Best Small Town In US To Visit In New Rankings
A charming coastal location has been crowned the best small town to visit in the United States, earning the top spot in U.S. News & World Report’s newly released rankings.
The annual list highlights destinations that capture the essence of small-town America with their scenic beauty, cultural offerings, and laid-back atmosphere. T
his year, Bar Harbor, Maine, claimed the No. 1 position, praised for its idyllic setting, stunning coastal views, and gateway to Acadia National Park.
Nestled along Maine’s rugged coastline, Bar Harbor attracts visitors year-round with its fresh seafood, bout…
