J. C. Penney Company is a holding company for struggling department store operator J. C. Penney Corp. One of the largest department store and e-commerce retailers in the US, J. C. Penney Corp. operates some 1,000 JCPenney department stores in 49 states and Puerto Rico. In a bid to revive the aging chain, Penney hired -- and has since fired -- former Apple stores chief Ron Johnson as CEO. Following a disastrous decline in the business, ex-CEO Myron Ullman returned to lead the company. He was succeeded by former Home Depot executive Marvin Ellison in mid-2015.
J. C. Penney Company's operating business J. C. Penney Corp. has a presence throughout the continental US, Alaska, and Puerto Rico. Its supply chain network operates 14 facilities in the US.
J. C. Penney Corp. is one of the nation's largest apparel and home furnishing retailers. It has about 1,020 stores where customers can discover a broad assortment of national, private and exclusive brands to fit all shapes, sizes, occasions and budgets.
Sales and Marketing
The operating company sells merchandise and services to consumers through its department stores and its website (jcpenney.com). The company fulfills online customer purchases by direct shipment to the customer from its distribution facilities and stores or from its suppliers' warehouses and by in-store customer pick up.