JCPenney parent company undergoing second wave of layoffs

JCPenney hangs on where Macy’s, Sears have left In Hermitage, Pa., empty shops haunt local mall

J Catalyst Brands, the parent company of JC Penny is undergoing its second wave of layoffs (Dustin Franz) The Plain Dealer

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Another round of layoffs is coming to Catalyst Brands LLC, the parent company of JCPenney.

Catalyst Brands was formed 2025 after the merger of JCPenney and the once-bankrupt Spark Group. Brands under the Catalyst umbrella include JCPenney, Brooks Brothers, Aéropostale, Eddie Bauer, Forever 21, Lucky Brand Jeans, and Nautica.

CNN reports the company is in an “early stage of integration.” In a statement, Catalyst said it has identified areas where “we can optimize our structure and roles” affecting 9% of its corporate roles.

JCPenney is also in the midst of closing a wave of stores. Eight stores are slated to close, including locations in California, Colorado, and West Virginia.

Here’s a look at the full list:

  • The Shops at Tanforan, 1122 El Camino Real San Bruno, California
  • The Shops at Northfield, 8568 E 49th Avenue,  Denver, Colorado
  • Pine Ridge Mall , 4201 Yellowstone Avenue, Pocatello, Idaho   
  • West Ridge Mall, 1821 SW Wanamaker Road, Topeka, Kansas
  • Annapolis Mall, 1695 Annapolis Mall Road, Annapolis, Maryland        
  • Asheville Mall, 3 S Tunnel Road, Asheville, North Carolina       
  • Mall at Fox Run, 50 Fox Run Road, Newington, New Hampshire           
  • Charleston Town Center, 401 Lee Street, E. Charleston, West Virginia

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