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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 …
'Everything's Gone': Deadly LA Wildfires Destroy Hundreds Of Homes, Causing Apocalyptic Scenes
As wind-whipped wild fires spreading over thousands of acres ravage Los Angeles, many have shared their devastating experiences on social media, including a host of celebrities.
The first blaze erupted late Tuesday morning, Jan. 7, in the affluent Pacific Palisades neighborhood.
Since then, hundreds of homes have been reduced to ashes, entire neighborhoods destroyed, and thousands evacuated. Over 1,000 structures and 25,000 acres have been destroyed.
Panicked motorists abandoned vehicles in streets as they rushed to flee the inferno in apocalyptic scenes that seemed like something in…
'Alice' Star Linda Lavin Dies, 87
Linda Lavin, the two-time Golden Globe winner and Emmy-nominated actress whose career spanned six decades on stage and screen, passed away on Sunday, Dec. 29, at the age of 87, according to The New York Times.
Born in Portland, Maine, Lavin studied acting at the College of William & Mary in Virginia, where she was deeply involved in the theater program. Her career took off with her iconic role as Alice Hyatt on the hit TV series "Alice," which earned her two Golden Globes and cemented her as a household name.
A force on Broadway, Lavin captivated audiences with performances in multiple …
Blake Lively Sues 'It Ends With Us' Co-Star Justin Baldoni For Sexual Harassment
Blake Lively is suing "It Ends with Us" co-star and director Justin Baldoni, alleging sexual harassment and "severe emotional distress," according to multiple reports.
The lawsuit, obtained by TMZ, follows months of reports about behind-the-scenes tension during the production of the film, an adaptation of Colleen Hoover’s bestselling novel, which was spotted filming in Hoboken, NJ.
Lively, age 37, claims the 40-year-old Baldoni created an inappropriate work environment, including discussing cast members' genitalia, past sexual behavior, and making comments about her weight and late father,…
