JC Penney Stores – Stop By Our Team ASAP To Locate Further Pertinent Facts..
Founded over a century ago in Kemmerer, Wyoming by James Cash Penney and William Henry McManus, JC Penney stores were initially created to market dry goods, and the name of the company at that time was The Golden Rule. 1917 saw the name of the company change to JC Penney and as of present, this giant retailer is still operating and booming. With a long history in retail, this mid-range retailer offers clothing, home furnishings, shoes, and jewelry, among other fine items. Today, these are headquartered Plano, Texas, and there are 1067 stores operating throughout the United States and Puerto Rico.
JC Penney stores can be found mostly in malls, however, you can still find some freestanding stores here and there. In addition to retail stores, the organization has one of many largest apparel and merchandise sites on the Internet as well as the largest catalog general merchandise catalog of all major retailers. Their stores is one of America’s top draws at malls plus they are always well stocked with the latest fashions in apparel, accessories and furnishings. Their Big Mac work clothes lines are favored by people who make a living doing rugged jobs that require rugged clothes.
The business is extremely dedicated to offering quality and value, but they are also focused on inspiring employee and customer loyalty through several programs that make the stores a fantastic place to work and shop. As a company, JC Penney has won the esteemed Fortune Magazine’s Top 5 ‘Most Admired’ General Merchandisers Award, and the Human Rights Campaign’s Corporate Equality Index Award.
As a well-established and highly respected retailer, the organization shows no indications of stopping in the near future. Offering items that are of top quality permanently prices is just one of their strong suits. Effective associate training and attention to diversity and the importance of treating each person with respect earns them a very high position on the planet of retailers. Visit is JCPenney open today today and see what they’ve got for you personally.
Such analysis can be created for a myriad of reasons. Many investors have did actually understand that certain aspects of the retail industry have outperformed other areas. While with the early 2000s, many discount retailers earned better fundamentals when it comes to revenue and earnings, from analyst understandings, it would appear that the marketplace power of valued stocks has shifted from such discount stores of Wal-Mart and Costco to more departmental companies including J C Penney. With this particular Plano, Texas located company to produce its quarterly results next Thursday (November 9, 2006), you will find a strong possibility, if the other stocks are any indication that shares of J C Penney will be favorable for the shareholder and sustain such optimism for around another six months.
Referring back to the introduction, I stated the unemployment landmark for a number of reasons. When I originally believed that the economy was slowing down in a more dramatic fashion than is apparently, such analysis would contribute to the assessment of any poor share price in the future for retailers including J C Penney. However, as increasing numbers of people are obtaining jobs, so that as more wages continue to rise coupled with a dreadful savings rate for domestic consumers, there exists a good possibility which a company like J C Penney can benefit immensely from such readings. As increasing numbers of consumers have more discretionary income to enjoy, as opposed to going to discount uumhkm including Wal-Mart to purchase normal goods, the same consumers, especially throughout the holiday season, will tend to switch their purchases to more luxury goods seen in departmental stores. As that happens, the basic principles for J C Penney should sky rocket as both the reality that Americans get more money and the truth that the time has come for holiday shopping, for the following two quarters, at very least, J C Penney should keep the necessary numbers to improve the share value of this stock to much more record highs.