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,

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. 16, 2025 (GLOBE NEWSWIRE) -- Brookfield Asset Management (“Brookfield”), a leading global alternative asset manager headquartered in New York with over $1 trillion of assets ...

Sparc Group, the operator of fashion brands including Lucky, Eddie Bauer, Aeropostale, Forever 21 and Brooks Brothers ... in 2020 and was acquired by Simon Property and Brookfield Asset Management Inc., another mall owner, for $800 million.

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. is nearing a deal to buy 3,800 single-family rentals for about $950 million through an acquisition of startup Divvy Homes, according to a person familiar with the matter.

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,

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.

Ltd. is close to finalizing a deal to acquire approximately 3,800 single-family rental properties for around $950 million, Bloomberg News reported. The acquisition is set to be made through Divvy Homes,

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.