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On May 15, 2020, J. C. Penney filed for Chapter 11 bankruptcy and announced that there would be an additional 242 store closings, blaming the COVID-19 pandemic for its action. By June 17, J. C. Penney reopened approximately 827 stores; most of the 154 scheduled for permanent closure in 2020 were among those reopened, with final closing sales in ...
Resting place. Woodlawn Cemetery ( The Bronx, New York City) Occupation. Businessman. Years active. 1898–1971. Known for. Establishing JCPenney department stores in 1902. James Cash Penney Jr. (September 16, 1875 – February 12, 1971) was an American businessman and entrepreneur who founded the JCPenney stores in 1902.
J.C. Penney Co Inc is exploring filing for bankruptcy protection after the coronavirus pandemic forced the U.S. retailer to temporarily shut its 850 department stores, upending its turnaround ...
JCPenney will close 15 additional stores in spring after closing 150-plus stores since filing for bankruptcy. The stores will shutter in March 2021. J.C. Penney closing more stores after exiting ...
J.C. Penney believes it will emerge from bankruptcy protection before Christmas under a new ownership agreement that would save tens of thousands of jobs. The beleaguered, century-old retailer ...
World War II. Samuel Moore Walton (March 29, 1918 – April 5, 1992) was an American business magnate best known for founding the retailers Walmart and Sam's Club, which he started in Rogers, Arkansas and Midwest City, Oklahoma in 1962 and 1983 respectively. Wal-Mart Stores Inc. grew to be the world's largest corporation by revenue as well as ...
On Tuesday, J.C. Penney issued a press release stating that comparable-store sales for the troubled department store operator rose approximately 2% last quarter. That marks the company's first ...
Viroqua, Wisconsin. Nationality (legal) American. Education. University of Wisconsin–Stout. Known for. Former CEO of JCPenney. Jill Ann Soltau (born 1967) is an American businesswoman who was the CEO of JCPenney from October 2018 through December 2020. [1] She was previously CEO of Jo-Ann Fabrics.