JCPenney, a department store chain owned by Simon Property Group (NYSE:SPG) and Brookfield Asset Management (NYSE:BAM), has merged with SPARC Group to form a new company called Catalyst Brands. The joint venture will house SPARC's brands Aéropostale,

Retailers are banding together for a massive operation based out of Texas that will see JCPenney merge with the parent company of Forever 21. Known as Catalyst Brands, the new company includes Aéropostale,

JCPenney filed for bankruptcy protection in 2020 and was acquired by Simon Property and Brookfield Asset Management for $800 million.

Sparc Group, the parent company of Forever 21 and Aéropostale, announced it merged with JCPenney to create a new company called Catalyst Brands.

NEW YORK, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) will host its fourth quarter 2024 conference call and webcast on Wednesday, February 12 ...

(RTTNews) - Brookfield Asset Management Ltd. (BAM), an alternative asset manager, Thursday announced that it has received approval to renew its normal course issuer bid, allowing it to buy up to ...

JCPenney has weathered a bankruptcy, store closings and a CEO straight out of Silicon Valley — all followed by continual revenue declines. Now, the storied company is getting another shot

Six retail stores – one of which still has a presence in the Chautauqua Mall – are merging to form a new organization. JCPenney and the SPARC Group are forming Catalyst Brands. Other SPARC Group brands include Aeropostale,

Brookfield Asset Management Ltd. Cl A closed C$2.02 below its 52-week high of C$84.17, which the company achieved on December 11th.

Brookfield Asset Management Ltd. Cl A closed C$4.21 short of its 52-week high of C$84.17, which the company achieved on December 11th.

Brookfield Asset Management ( BAM) on Thursday said Chief Financial Officer Bruce Flatt has been named chair of the alternative asset manager. Flatt replaces Mark Carney, who resigned from the firm after announcing his candidacy to be the leader of the Liberal Party of Canada.

A Brookfield Asset Management Ltd.' private real estate fund has bought a U.S. rent-to-own home platform and its portfolio of single family homes for about US$1 billion.