Operator instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Tom ...

JCPenney is combining with the owner of fellow shopping mall staples Aéropostale and Lucky Brand after a merger of two brand portfolios in an all-equity transaction Wednesday. JCPenney has agreed ...

Catalyst represents a new chapter for JCPenney, the historic chain that filed for bankruptcy in the height of the pandemic in 2020. It was later bought by mall-owner Simon Property Group and real ...

CHARLESTON, .W.Va. — The Charleston Town Center Mall is losing its last anchor store. JCPenney has announced its closing its Charleston location on May 25. The store has been at the mall since ...

JCPenney has agreed to merge with SPARC Group, which owns brands including Aéropostale, Brooks Brothers, and Lucky Brand. The combined company, Catalyst Brands, has a combined $9 billion in ...

One of the last JCPenney stores in the Bay Area will close its doors at a mall in San Bruno, which could be replaced by biotech labs. The Texas-based department store chain is set to shut the ...

Gorjana jewelry store (pictured here in Silicon Valley, San Jose, California) is opening a new store at Roosevelt Field mall. Credit: Gado via Getty Images/Smith Collection/Gado Bling it on!

JCPenney filed for bankruptcy protection in 2020 and was bought by Simon Property and Brookfield Asset Management Inc., another shopping mall owner, for $800 million, according to Bloomberg.

JCPenney is set to merge with another company ... Sparc Group was a joint venture between Authentic Brands and mall owner Simon to buy and reenergize struggling retail brands.

The Federal Aviation Administration and jet owner reported there were six people on board the Learjet 55 aircraft Charna Flam is a writer-reporter at PEOPLE. She has been working at PEOPLE since 2023.