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In 1913, the company was incorporated under the new name, J. C. Penney Company, with William Henry McManus as a co-founder. In 1914, the headquarters was moved to New York City to simplify buying, financing, and transportation of goods. By 1917, the company operated 175 stores in 22 states in the United States. J. C.
Mar 21, 2024 · Key takeaways: JCPenney is an American department store chain founded by James Cash Penney and William Henry McManus in 1902. The company filed for bankruptcy in 2020 and after an acquisition, continues to operate in a limited capacity.
J.C. Penney & Co. was founded in 1902 by James Cash Penney and William Henry McManus. Penny moved to Kemmerer in 1902 from Evanston to open dry goods store in the booming mining town. He was born in Missouri, he worked for eight years in a Missouri dry goods store before moving to west.
William Henry McManus. Birth. 31 Mar 1887. Chicago, Cook County, Illinois, USA. Death. 26 Sep 1968 (aged 81) Chicago, Cook County, Illinois, USA. Burial. Mount Carmel Catholic Cemetery.
J.C. Penney had its origins in the store opened in 1902 by James Cash Penney (1876-1971) and William Henry McManus, who opened the Golden Rule dry goods store in the small mining town of Kemmerer, Wyoming. This store was so successful that the partners opened more stores.
J.C. Penney Company Inc was founded in 1902 by James Cash Penney and William Henry McManus. The original name for the store was 'The Golden Rule', but it was changed to JCPenney in 1917. By 1917, the company operated 175 stores in 22 states in the United States.
Research genealogy for William Henry McManus of Chicago, Cook County, Illinois, USA, as well as other members of the McManus family, on Ancestry®.
