J.C. Penney Company Inc. is an American department store chain that is located in 49 states, as well as in Puerto Rico. They are known mostly for selling clothing, as well as for leasing to companies like portrait studios, auto centers, coffee houses, salons, jewelry repair companies, and optical centers. You will mostly find JCPenney stores located in shopping malls.
JCPenney had 98,000 employees in 2017, with most of the positions available being in their retail stores around the country. Some examples of positions available in these stores include cashier, loss prevention, customer service, management, operations, merchandise assistant, receptionist, hairstylist, nail technician, and more. The headquarters is in Plano, Texas.
The company was started by James Cash Penney, who moved to Wyoming after high school, opening his store on April 14, 1902. He gained and lost two partners as well as two additional stores by 1907, and by 1909 the company headquarters was in Salt Lake City, Utah. The company was incorporated in 1913 under the name JCPenney Company with a cofounder named William Henry McManus. In 1914, the co-owners opted to move the headquarters to New York City in order to streamline financing and other concerns. The products that JCPenney sells include clothing, electronics, footwear, furniture, housewares, jewelry, appliances, and cosmetics.
JCPenney is not an international store, but they do have locations in Puerto Rico. In the United States, there are 850 locations that can be found in 49 US states. These retail locations are mostly found in malls, and may include other leased stores such as the aforementioned portrait studios, optical centers, salons and automotive centers. As for reported revenue, in the 2017 fiscal year, J. C. Penney reported revenue of $12.1 billion. That came out to $38.78 revenue per share. They also reported negative quarterly growth.
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