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Tuesday, February 14 2012 6:40pm ET - U.S. Markets Closed.
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 is a holding company for department store operator J. C. Penney Corporation, one of the largest department store, catalog, and e-commerce retailers in the US with more than 1,100 JCPenney department stores in 49 states and Puerto Rico. J. C. Penney Corp., its only subsidiary, was founded in 1902 by James Cash Penney. The company sold its Eckerd drugstore chain to The Jean Coutu Group and CVS for $4.5 billion in cash in 2004. Penney is exiting its legacy mail-order business and expanding its online presence. The department store chain welcomed a new CEO, former Apple stores chief Ron Johnson, in late 2011. J. C. Penney Company was formed in 2002 and is the publicly traded entity.
Headlines for J. C. Penney Company, Inc.
Ackman Drops Lowe's, Drinks Beam
at Barrons.com - 1 hour, 20 minutes ago
Bill Ackman's Pershing Square sells Lowe's stake
at MarketWatch - 1 hour, 46 minutes ago
Firing: Mixed Bag for Stock Price
at Motley Fool - Tue 3:04 pm ET
Simplicity Is The Key To J. C. Penney's Reinvention
- Tue 11:21 am 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 (2011):17759.00 M
Revenue Growth (1 yr):1.20%
Employees (2011):156,000
Employee Growth (1 yr):1.30%
Key People
Chairman and CEO: Myron E. (Mike) Ullman III
CEO and Director: Ronald B. (Ron) Johnson
President: Michael R. Francis
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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