Profile: J C Penney Company Inc (JCP.N)
24 Feb 2017
J. C. Penney Company, Inc. (JCPenney), incorporated on January 22, 2002, is a holding company. The Company's operating subsidiary is J. C. Penney Corporation, Inc. (JCP). The Company's business consists of selling merchandise and services to consumers through its department stores and its Website at jcpenney.com, which utilizes optimized applications for desktop, mobile and tablet devices. The Company's department stores and Website serves the same type of customers, its Website offers virtually the same mix of merchandise as its in store assortment along with other extended categories that are not offered in store, and its department stores accept returns from sales made in stores and through its Website. The Company's 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 and home furnishings.
The Company's department stores provide its customers with services, such as styling salon, optical, portrait photography and custom decorating. The Company operates approximately 1,020 department stores throughout the continental United States, Alaska and Puerto Rico, of which over 420 are owned, including approximately 120 stores located on ground leases. Its supply chain network operates over 10 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).
J C Penney Company Inc
6501 Legacy Dr
PLANO TX 75024-3698
Company Web Links
- UPDATE 3-J.C. Penney holiday quarter sales drop, to shut 130-140 stores
- BRIEF-J C Penney says to close 130-140 stores over next few months
- BRIEF-J C Penney reports Q4 adjusted earnings of $0.64/shr
- J.C. Penney to shut 130-140 stores; quarterly sales drop
- BRIEF-Soros Fund Management dissolves stake in P&G, JC Penney - SEC filing