by Mike Duff | Jan 9, 2025 | Featured News, Retail Articles
JCPenney and SPARC Group combined to form a new enterprise, Catalyst Brands, in a merger that brings together a range of legacy fashion and retail brands. The merger highlights a brand portfolio that includes SPARC’s Aéropostale, Brooks Brothers, Eddie Bauer, Lucky...
by Mike Duff | Oct 1, 2024 | Retail Articles
Penney Intermediate Holding reported its JCPenney operations turned to a loss in the second quarter as traffic remained slow. Net loss was $33 million versus net income of $36 million in the year-previous quarter. Comparable sales slipped 7.7% in the quarter year over...
by Mike Duff | May 2, 2022 | Featured News, Retail Articles
As it continues a proxy fight with activist investor Macellum Advisors, Kohl’s Corp. has issued a letter to shareholders on behalf of incoming chair Peter Boneparth in connection with the company’s May 11 annual meeting and its board of directors election. Bonaparth...
