Sparc Group, which is also over the brands Aéropostale, Brooks Brothers, Eddie Bauer, Lucky Brand, and Nautica, announced the merger on Thursday with JCPenney and the department store chain's ...
JCPenney has weathered a bankruptcy, store closings and a CEO straight out ... While once seen as a top player, its sales have been eroded by online retailers, younger brands and big-box companies.