JCPenney has weathered a bankruptcy ... Eddie Bauer and Aéropostale were among the more popular mall brands in the 1990s and 2000s, but have since lost traction with shoppers.

JCPenney’s new parent is cutting about 5% of its corporate workers. Plano’s Catalyst Brands is reducing its staff by about 250 out of the 5,000 it has, according to a spokesperson. It’s one ...