28 Facts About JC Penney

Departments inside JCJC Penney stores include Mens, Womens, Boys, Girls, Baby, Bedding, Home, Fine Jewelry, Shoes, Lingerie, The Salon by InStyle, Sephora inside JCJC Penney, as well as such leased departments as Seattle's Best Coffee, US Vision optical centers, and Lifetouch portrait studios.

JC Penney has been an Internet retailer since 1998, and it has streamlined its catalog and distribution while undergoing renovation improvements at store level.

JC Penney relocated to Colorado at the advice of a doctor, hoping that a better climate would improve his health.

In 1898, JC Penney went to work for Thomas Callahan and Guy Johnson, who owned dry goods stores called Golden Rule stores in Colorado and Wyoming.

JC Penney participated in the creation of two more stores and purchased full interest in all three locations when Callahan and Johnson dissolved their partnership in 1907.

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In 1909, JC Penney moved his company headquarters to Salt Lake City, Utah to be closer to banks and railroads.

JC Penney opened its 500th store in 1924 in Hamilton, Missouri, James Cash Penney's hometown.

In 1956, J C Penney started national advertising with a series of advertisements in Life magazine.

In 1962, J C Penney entered discount merchandising with the acquisition of General Merchandise Company which gave them The Treasury stores.

The JC Penney Building in Anchorage partially collapsed and was damaged beyond repair in the 1964 Alaska earthquake.

JC Penney rebuilt the store as a shorter building on a larger footprint and followed up by building Anchorage's first public parking garage, which opened in 1968.

In 1983, JCJC Penney discontinued its appliance, hardware, outdoor equipment, and auto center departments, and sold its automotive centers to Firestone.

In 2001, J C Penney sold its direct-marketing insurance unit to Dutch insurer Aegon for $1.

JC Penney sold its six Mexico stores to Grupo Carso, which rebranded five of the stores as Dorian's and the other one as Sears Mexico.

In 2007, J C Penney launched the Ambrielle lingerie label, which became its largest private brand launched in the company's history.

That year, J C Penney reached an agreement with Seattle's Best Coffee to feature full-service cafes within leased departments inside J C Penney stores across the country.

In September 2010, J C Penney joined Facebook to help promote its "Care, Share, Win" campaign.

In June 2011, J C Penney announced that Ron Johnson, who had led Apple retail stores in a period of high growth, became the company's new CEO.

In October 2011, J C Penney sold the 15 remaining catalog outlet stores to SB Capital Group.

In January 2016, J C Penney announced plans to relaunch its business of selling major appliances to target a wave of millennials who are buying first-time homes.

In January 2017, J C Penney sold its headquarters campus and surrounding land in Plano, Texas to Dreien Opportunity Partners as a leaseback sale to maintain operations at the location.

In 2018, J C Penney closed permanently at Plaza Palma Real in Humacao, Puerto Rico, after Hurricane Maria devastated the store in September 2017.

JC Penney lowered its earnings forecast for the year to 13 cents per share at best, and said it could lose as much as 7 cents.

JC Penney ranked 235 on the Fortune 500 list of the largest United States corporations by revenue.

JC Penney's has brought new talent and has cleaned out inventory.

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On February 28, J C Penney announced its intent to close 27 stores in 2019, including 18 full-line department stores and nine home-and-furniture stores.

JC Penney's logo used from 1963 to 1971 but still on stores until the 80's.

Alternate J C Penney logo used on a few stores, used from 2011 until 2012.