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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.
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Address: |
6501 Legacy Dr.
Plano, TX 75024-3698
| | Phone: | 972-431-1000 | | Fax: | 972-431-9140 |
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| 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% |
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Key People
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Chairman and CEO:
Myron E. (Mike) Ullman III
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President, Chief Merchandising Officer, and Director:
Kenneth C. (Ken) Hicks
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EVP and CFO:
Robert B. Cavanaugh
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