JCPenney’s $950 million deal collapses, leaving 120 stores on chopping block
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James Cash Penney - Alchetron, The Free Social Encyclopedia
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James Cash Penney
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Ill. Bro. J.C. Penney - James Cash Penney Jr. (September 16, 1875 – February 12, 1971) was an American businessman and entrepreneur who founded the J. C. Penney stores in 1902. Even after relinquishing daily operating management of the company, Penney continued his active involvement in managing the company and its stores. In 1940, during a visit to a store in Des Moines, Iowa, he trained a young Sam Walton on how to wrap packages with a minimal amount of paper and ribbon. He remained chairman o
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