What happened to JCPenney? - FourWeekMBA

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. JCPenney posted billion-dollar losses after the GFC and in response, appointed new CEO Ron Johnson. Unfortunately, Johnson alienated the company's target audience by focusing on the affluent market and revamping JCPenney stores without validating his ideas. JCPenney was ultimately crippled by the coronavirus pandemic, becoming one of twenty such companies to meet a similar end in the face of sluggish consumer spending and reduced foot traffic.

JCPenney was once a shopping giant. Can it make a comeback?

JCPenney News on X: #JCPenney founder James Cash Penney opened our Owosso, MI location on Mar. 30, 1918. To commemorate this 100-yr milestone, the store hosted an anniversary celebration featuring notable guests

JCPenney to Donate Up to 55,000 Units of Merchandise to Puerto Ricans Impacted by Hurricane Fiona

JCPenney was once a shopping giant. Can it make a comeback?

How San Angelo's JCPenney helped employee displaced by Hurricane Maria

JCPenney is spending $1 billion on store and online upgrades in latest bid to revive its business

Bankrupt JCPenney with 667 stores announced it will close down anchor location after losing battle with a popular mall

How Are and Different?

A new 'Sakto' with Amy, Jeff, & Johnson kick-starts TeleRadyo morning block

JCPenney goes back to department store roots to shake retail 'road kill' rap

Sell to JcPenney Stores & Become a JcPenney Vendor

JCPENNEY - Updated March 2024 - 20 Photos & 16 Reviews - 798 Gravois Bluffs Blvd, Fenton, Missouri - Women's Clothing - Phone Number - Yelp