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An old name in retailing, J. C. Penney has been busy reinventing itself to bring style to Middle America's department store shoppers. The company's chain of about 1,090 JCPenney department stores in the US and Puerto Rico has found itself squeezed between upscale competitors and major discounters (Kohls, Target, Wal-Mart). Following the sale of its ailing Eckerd drugstore chain to The Jean Coutu Group and CVS for $4.5 billion in 2004, the retailer has focused firmly on fashion. The firm runs one of the top catalog operations in the US. J. C. Penney Corporation is a wholly-owned subsidiary of holding company J. C. Penney Company (created in 2002), which is the publicly traded entity.
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| | | Contact Information | |
Address: |
6501 Legacy Dr.
Plano, TX 75024-3698
| | Phone: | 972-431-1000 | | Fax: | 972-431-1362 |
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| Financial
Highlights | | Fiscal Year End: | January | | Revenue (2009): | 18486.00 M | | Revenue Growth (1 yr): | (-6.90%) | | Employees (2009): | 147,000 | | Employee Growth (1 yr): | (-5.20%) |
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Key People
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Chairman and CEO:
Myron E. (Mike) Ullman III
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EVP and CFO:
Robert B. Cavanaugh
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SVP and Director Finance, Stores, Catalog, and Internet:
Thomas A. Clerkin
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