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Industry Center - Department Stores
Industry Center > Department Stores > J. C. Penney Company, Inc. Company Profile
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J. C. Penney Company, Inc. Company Profile
J. C. Penney Company was created in 2002 as a holding company for department store operator J. C. Penney Corporation, its wholly owned subsidiary, which exchanged the "Company" in its 89-year-old moniker for "Corporation" after the holding company was formed. J. C. Penney Corporation is one of the largest department store, catalog, and e-commerce retailers in the US. In 2004 J. C. Penney Company sold its Eckerd drugstores chain to The Jean Coutu Group and CVS for $4.5 billion in cash. The retailer runs more than 1,000 JCPenney department stores throughout the US and Puerto Rico. In 2005 J. C. Penney sold its controlling stake in the 62-unit Lojas Renner chain in Brazil through a public stock offering.
Headlines for J. C. Penney Company, Inc.
J.C. Penney to launch apparel line: report
Reuters - 1 hour, 5 minutes ago
[external] J.C. Penney to launch apparel line-WSJ
at Reuters - 1 hour, 9 minutes ago
[$$] J.C. Penney to Launch Apparel Line
at The Wall Street Journal Online - Tue 12:01 am ET
Children's Place Not Immune To Slowdown
at Investopedia - Mon 12:24 pm ET
More Headlines...
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Contact Information
Address: 6501 Legacy Dr.
Plano, TX 75024-3698
Phone:972-431-1000
Fax:972-431-9140
Financial Highlights
Fiscal Year End:January
Revenue (2008):19860.00 M
Revenue Growth (1 yr):(-0.20%)
Employees (2008):155,000
Employee Growth (1 yr):0.00%
Key People
Chairman and CEO: Myron E. (Mike) Ullman III
President, Chief Merchandising Officer, and Director: Kenneth C. (Ken) Hicks
EVP and CFO: Robert B. Cavanaugh
Industry Information
Sector: Services
Industry: Department Stores
Top Competitors
Kohl's Corporation (kss)
Macy's, Inc. (m)
Sears, Roebuck and Co.
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