About 250 people at Catalyst Brands, which also runs Aéropostale, Brooks Brothers, Nautica and Lucky Brand, were let go.
This week was a tough week for consumers. Both JCPenney and Joann Fabrics and Crafts announced they would be closing stores.
Inflation and a growing preference among consumers to shop online to find the cheapest deals took a toll on brick-and-mortar retailers in 2024.
Nvidia has trimmed its nascent investment portfolio by around 30%, including a big change in a key holding of a former takeover target.
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Good Housekeeping on MSNJCPenney Is Closing More Stores This Year — Here's a Full List of the LocationsThe department store confirmed to Good Housekeeping that it would be shuttering more locations across the country in 2025. "While we do not have plans to significantly reduce our store count, we can ...
The retailers join other companies like Macy's, Kohl's and Party City that have announced plans to close stores in recent months. The closures are part of a years-long nationwide trend in ...
JCPenney and SPARC Group merged to form Catalyst Brands LLC, aiming to enhance operational efficiencies and adapt to changing ...
A coalition of more than 30 furniture manufacturers and retailers who import from China, including Furniture Brands International, J.C. Penney Co. Inc. and Crate & Barrel, strongly protested the ...
Retailer JCPenney will permanently close eight stores in eight states this year. According to Axios, the department store ...
JCPenney and Joann will shutter stores this year. They are joining Macy’s and Kohl’s which have announced plans to close stores in recent months.
The Pantagraph reported the latest on renovations at the Phil Auth grocery, restaurant and tavern on West Market Street in ...
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