JC Penney is closing seven more mall locations in May 2025. See which stores are affected and what’s driving the ongoing ...

Fast fashion retailer Forever 21 operated stores in Connecticut Post Mall, Westfarms Mall, Foxwoods Outlets and other ...

Forever 21 has closed all of its stores in the United States. The media could not be loaded, either because the server or ...

including JCPenney’s acquisition of the operator’s parent Sparc Group. The acquisition “joined and obligated” Forever 21 and certain affiliates to pay JCPenney’s existing debt ...

The group said it is opposing terms in the company’s request that would give its lenders liens or claims to potential legal actions against Forever 21 or its backers. Sparc, which operated ...

This removed urgency and freshness — the two tenets that helped Forever 21 capture consumer interest. In 2019, it went ...

The creditors' committee is investigating JCPenney's acquisition of Forever 21's parent company, SPARC Group, alleging it prioritized JCPenney's debt repayment. Suppliers, vendors and other ...

Customers walk in a mall parking lot, toward the entrance of a JCPenney in New Jersey. JCPenney merges with Forever 21's parent company Sparc Group to create Catalyst Brands The parent company of ...

They will continue operating as normal. The mall-based retailer filed for bankruptcy in 2019 and survived after it was purchased by SPARC Group, a joint venture between Authentic Brands and mall ...

A consortium of the three companies, dubbed Sparc Group, acquired Forever 21 during its last bankruptcy in 2020. That included all of Forever 21’s trademarks, intellectual property and ...