JCPenney, SPARC Group Merge To Form Catalyst BrandsThe new company includes the department store and other brands such as Brooks Brothers and Aéropostale under a single corporate umbrella J.C. Penney charts new course after bankruptcyRetailer has exited Chapter 11 and continuing under its J.C. Penney banner Simon CEO troubled by bricks-and-mortar closures Mall owner is betting on successful online brands turning to bricks-and-mortar to fill empty stores
