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JCPenney (colloquially Penney's and abbreviated JCP) is an American department store chain with 656 stores across 49 U.S. states and Puerto Rico. [3] [4] It is managed as part of the Catalyst Brands portfolio alongside other apparel retailers such as Brooks Brothers and Eddie Bauer.
In 1961, J.C. Penney was looking to break into the catalog business, and after failing to reach an agreement with Aldens in October, looked to acquire General Merchandise, who at the time was the country's fifth-largest catalog merchant. A merger proposal was agreed upon in December 1961, with GMC’s acquisition approved in February 1962.
JCPenney has been on shaky ground for some time, and the coronavirus has finally pushed the brand to file for bankruptcy. While liquidation isn't in the cards so far, the chain is shutting down ...
Academy Sports + Outdoors; Bargain Hunt; Ben Franklin; Bi-Mart; Big Lots; BJ's Wholesale Club; Bob's Stores, 24 stores, (Connecticut, Massachusetts, New Hampshire ...
On August 5, 2008, the catalog retailer Swiss Colony purchased DMSI. Swiss Colony—which changed its name to Colony Brands Inc. June 1, 2010—kept Montgomery Ward alive and relaunched the Wards website September 10, 2008, with new catalogs mailing in February 2009. [25]
Across JC Penney Drive from the two commercial buildings is a small park, in which stands the J. C. Penney House, now a historic house museum. It is a small 1-1/2 story frame house, with a gabled roof and clapboarded exterior. It was probably built about 1900, and was home to the Penney family from 1902 to 1909.
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