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Exterior of the JCPenney store at the Stonebriar Centre in Frisco, Texas (2013) JCPenney headquarters in Plano, Texas (2014) In 2010, Vornado Realty Trust acquired a 9.9% stake in JCPenney but sold it in 2013 for $13.00 per share. [37] On January 24, 2011, JCPenney shut down its catalog business and 19 outlet stores. [38]
The district originally included a third commercial building which flanked the Penney store on its right; this building has been demolished. 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 ...
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.
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related to: jcpenney official website in store catalog