Founded: | 1902 | Founders: | James Cash Penney, William Henry McManus | How old is J.C. Penney in 2024? / Age: | 122 years
| Where was J.C. Penney founded? | Kemmerer, Wyoming, US | Headquarters: | Plano, Texas, US | Nicknames: | JCPenney, JCP |
J.C. Penney Net worth 2024 (estimated)
| How much is J.C. Penney worth? | Under review
| Nationality: | American |
What is J.C. Penney? / Facts
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They sell conventional merchandise, and large Fine Jewelry departments, The Salon by InStyle, and Sephora inside JCPenney
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JCPenney stores often house several leased departments such as, Seattle's Best Coffee, optical centers, and portrait studios
- Most JCPenney stores are located in suburban shopping malls
- Before 1966, most of its stores were located in downtown areas
- As shopping malls became more popular during the latter half of the 20th century, JCPenney began relocating and developing stores to anchor the malls.
- In more recent years, the chain has continued to follow consumer traffic, echoing the retailing trend of opening some freestanding stores, including some next door to competitors
- Certain stores are located in power centers
- The company has been an Internet retailer since 1998
- It has streamlined its catalog and distribution while undergoing renovation improvements at store level
- On May 15, 2020, JCPenney announced it had filed for Chapter 11 bankruptcy protection
Bio / wiki sources: Wikipedia, accounts on social media, content from our users.
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Last update: 16 July 2020 We do our best for being accurate. If something seems incorrect, please contact us! |
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