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In 1922, the company's oldest active private brand, Big Mac work clothes, was launched. The company opened its 500th store in 1924 in Hamilton, Missouri, James Cash Penney's hometown. By the opening of the 1,000th store in 1928, gross business had reached $190 million (equivalent to $3.37 billion in 2024).
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- James Cash Penney
JCPenney is an iconic American retail company and key anchor store in shopping malls across the United States. JCPenney traces its origins back to April 14, 1902, when founder James Cash Penney and his partners opened the Golden Rule dry goods store in Kemmerer, Wyoming.
May 19, 2020 · Businessman James Cash Penney points to a picture of his first store in Kemmerer, Wyoming. JCPenney started in 1902 as a dry-goods store called the Golden Rule Store.
1990: The company slogan becomes “Where Fashion Comes to Life.” A study shows that 70% of JCPenney’s customers are female. A study shows that 70% of JCPenney’s customers are female.
James Cash Penney started his first retail store in 1902 in Kemmerer, Wyoming, a small mining town. He was 26 years old and had grown up on a farm near Hamilton, Missouri.
May 30, 2019 · JCPenney was founded by James Cash Penney in Kemmerer, Wyoming, in 1902. Penney decided to try his hand at retail after a failed attempt at starting a butcher shop in his home state of...
Aug 16, 2013 · James Cash Penney was born in Hamilton, MO. After graduating from high school, Penney worked for a local retailer. He relocated to Colorado at the advice of a doctor, hoping that a better climate would improve his health.
