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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.
Dec 7, 2017 · Kemmerer profits rose to $9,800 and then $11,250 in the next two years. Jim’s $3,750 one-third share of the 1904 $11,250 profit is equivalent to about $102,000 today, not including his manager’s salary. At the age of twenty-nine, J. C. Penney was well on to his way to becoming a wealthy man.
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Nov 8, 2014 · 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 second Golden Rule store in Kemmerer, Wyo., about. 1908. In 1913, he replaced the Golden Rule name with his own. Wyoming Tales and Trails.
Dec 18, 2009 · He had a strong work ethic and a knack for merchandising, and within two years of taking the job, his salary rocketed from $25 a year to $300. In 1897, Penney was diagnosed with tuberculosis ...
Feb 12, 2018 · J.C. Penney (born Sept. 16, 1875, Hamilton, Mo., U.S.—died Feb. 12, 1971, New York, N.Y.) 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.
James Cash Penney, 1876–1971. There are two important months in the history of the J. C. Penney stores, the first being April. James Cash Penney, born in 1875, left his childhood home in Missouri when he was in his early twenties and moved to Colorado. He entered the dry goods business and, with partners, opened his first store, the Golden ...
Oct 24, 2014 · In Philadelphia, an ex-secretary of the local YMCA founded a small, men’s clothing store in 1861. The man’s name was John Wannamaker. H business gradually expanded until in 1876 he opened the historic Grand Depot, alleged to be, “the largest space in the world devoted to retail selling on a single floor.”.
