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James Cash Penney Jr. (September 16, 1875 – February 12, 1971) was an American businessman and entrepreneur who founded the JCPenney stores in 1902.
Nov 8, 2014 · The JC Penney Company, long among the world’s largest department store chains, traces its roots to a one-room shop in a small Wyoming coal-mining town. The store’s founder was James Cash Penney, a Missourian born in 1875 who had moved west after his doctor suggested his health would benefit from the region’s drier climate. J.C. Penney's ...
Dec 7, 2017 · From inauspicious beginnings rose one of the great entrepreneurs in American history, a man with unusual dedication and exceptionally high ideals. James Cash Penney, Jr., was born September 16, 1875, near Hamilton, Missouri, to the Reverend James C. Penney and his wife, Fanny.
Feb 20, 2023 · James Cash Penney (yes, that was his full name) learned about faith and business from his father, who served as the pastor of a small Primitive Baptist church in Hamilton, Missouri, and struggled to make a living off the family farm. At age 8, young Jim was told he would have to start buying his own clothes and earning his own money.
Dec 18, 2009 · Before profit sharing and employee ownership became heralded management techniques, James Cash Penney used them to build the first nationwide chain of department stores.
J.C. Penney was a merchant who established one of the largest chains of department stores in the United States. Penney’s first job was clerking in a general store for a salary of $2.27 per month. For medical reasons he moved to Colorado in 1897 and was soon hired by local dry-goods merchants Guy.
May 21, 2018 · His rise to fame and fortune crashed with the stock market crash of 1929 — at age 56 he was $7 million in debt. Yet the highly motivated Penney, still vigorous and determined, borrowed money and soon regained control of his retail empire.
