Profile: J C Penney Company Inc (JCP.N)
24 Apr 2017
J. C. Penney Company, Inc. (JCPenney), incorporated on January 22, 2002, is a holding company. The Company's business consists of selling merchandise and services to consumers through its department stores and its Website at jcpenney.com, which utilizes applications for desktop, mobile and tablet devices. Its department stores and Website generally serve the same type of customers, its Website offers virtually the same mix of merchandise as its store assortment and other categories, and its department stores generally accept returns from sales made in stores and through its Website. It fulfills online customer purchases by direct shipment to the customer from its distribution facilities and stores or from its suppliers' warehouses and by in store customer pick up. The Company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products through Sephora inside JCPenney, home furnishings and appliances. In addition, its department stores provide its customers with services, such as styling salon, optical, portrait photography and custom decorating.
As of January 28, 2017, the Company had operated 1,013 department stores throughout the continental United States, Alaska and Puerto Rico, of which 417 were owned, including 119 stores located on ground leases. As of January 28, 2017, its supply chain network operated 13 facilities with multiple types of distribution activities, including store merchandise distribution centers (stores), regional warehouses (regional), jcpenney.com fulfillment centers (direct to customers) and furniture distribution centers (furniture). The Company's operating subsidiary is J. C. Penney Corporation, Inc. (JCP).
J C Penney Company Inc
6501 Legacy Dr
PLANO TX 75024-3698
Company Web Links
- BRIEF-JC Penney postponing store closures and liquidation sales- CNBC
- BRIEF-J C Penney announced that 50 additional salon locations are rebranding to salon by InStyle this year
- BRIEF-J C Penney CEO Marvin Ellison's 2016 compensation $9.4 mln vs $12.1 mln in 2015
- BRIEF-J C Penny says 5000 positions nationwide to be impacted by store closures
- BRIEF-J C Penney Company CEO's 2016 total compensation was $9.4 mln vs. $12.1 mln in 2015