The new Catalyst Brands has over $9 billion in revenue, 1,800 store locations, 60,000 employees and $1 billion of liquidity.

The parent company of fashion retailer Forever 21 has merged with JCPenney to form a brand new company called Catalyst Brands. Sparc Group, which is also over the brands Aéropostale, Brooks ...

(Photo: Business Wire)(Business Wire) JCPenney is merging with a retail company with household names to form a new one based in Plano ... The Texas chain says the logo is likely to cause confusion ...