J.C. Penney

J.C. Penney

Public profile
JCPenney (legally Penney OpCo LLC; abbreviated JCP and colloquially Penney's) is an American department store chain founded in 1902 by James Cash Penney. It is owned by Catalyst Brands, a joint venture between Authentic Brands Group, Brookfield Corporation, Shein, and Simon Property Group, since 2025. JCPenney originated as a group of dry goods stores that Penney managed as part of the Golden Rule chain and incorporated under his own name in 1913. The stores were initially located in downtown areas but shifted to shopping malls during the 1960s.
Run byWalter Wriston (board)
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Jim Collins & Jerry Porras

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