Katana VentraIP

JCPenney

Penney OpCo LLC, doing business as JCPenney and often abbreviated JCP, is an American department store chain that operates 663 stores across 49 U.S. states and Puerto Rico.[9][10] Departments inside JCPenney stores include Men's, Women's, Boys', Girls', Baby, Bedding, Home, Fine Jewelry, Shoes, Lingerie, JCPenney Salon, JCPenney Beauty, as well as leased departments such as Seattle's Best Coffee, US Vision optical centers, and Lifetouch portrait studios.

This article is about the department store chain. For its founder, see James Cash Penney. For the Irish retail chain branded Penneys, see Primark.

Trade name

JCPenney

J. C. Penney Company, Inc.

Joint venture

  • NYSE: JCP (1927–2020)
  • OTC Pink: JCPNQ (May 2020–January 2021)
  • OTC Pink: CPPRQ (as Old COPPER Company, Inc, January–February 2021)

Retail

April 14, 1902 (1902-04-14)
Kemmerer, Wyoming, U.S. (J. C. Penney Company)

Plano, Texas[1],

U.S.

663[2]

United States (excluding Hawaii)

  • Apparel
  • Beauty products
  • Electronics
  • Home furnishings
  • Appliances
  • Toys

Decrease US$11.167 billion (2019)

Decrease −US$8 million (2019)

Decrease −US$268 million (2019)

Decrease US$5.900 billion (2021)

Decrease US$829 million (2019)

Simon Property Group, Brookfield Asset Management

60,000 (Aug. 2021)[3][4]

jcpenney.com

Most JCPenney stores were initially located in downtown areas, but, as shopping malls grew in popularity during the 1960s, the chain began relocating and developing stores to anchor the malls. In recent years, JCP has opened stores in power centers, as well as stand-alone stores, sometimes adjacent to competitors. The company has been an Internet retailer since 1998, and it has streamlined its catalog and distribution while undergoing renovation improvements at store level.


After filing for Chapter 11 bankruptcy protection in May 2020, in September 2020, Brookfield Asset Management and Simon Property Group agreed to purchase the company for around $800 million in cash and debt. The deal was approved by the U.S. bankruptcy court for the Southern District of Texas two months later.[11]

Penney's logo used from 1963 to 1971 but still on stores until the 1980s.

Penney's logo used from 1963 to 1971 but still on stores until the 1980s.

J. C. Penney logo,[129] originally used from 1971 to 2011, again from 2013 to 2019, and again starting in 2023.

J. C. Penney logo,[129] originally used from 1971 to 2011, again from 2013 to 2019, and again starting in 2023.

J. C. Penney box logo 2000–2005

J. C. Penney box logo 2000–2005

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

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

J. C. Penney logo used from 2012 to 2013[130]

J. C. Penney logo used from 2012 to 2013[130]

J. C. Penney logo used from November 1, 2019, to 2023.

J. C. Penney logo used from November 1, 2019, to 2023.

J. C. Penney-Chicago Store (Tucson, Arizona)

J. C. Penney Company Building (Shoshone, Idaho)

J. C. Penney Co. Warehouse Building (St. Louis, Missouri)

J. C. Penney Building (Newberg, Oregon)

Kemmerer, Wyoming, a National Historic Landmark District

J. C. Penney Historic District

Kemmerer, Wyoming

J. C. Penney House

JCPenney locations that are listed on the National Register of Historic Places (NRHP):

Retail apocalypse

Official website

SEC filings