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James Cash Penney Jr. (September 16, 1875 – February 12, 1971) was an American businessman and entrepreneur who founded the JCPenney stores in 1902. [ 1 ] Early life and education
JCPenney was founded in 1902 as a group of dry goods stores that James Cash Penney managed as part of the Golden Rule chain, and incorporated under his own name in 1913. The stores initially located in downtown areas but shifted to shopping malls during the 1960s.
The district originally included a third commercial building which flanked the Penney store on its right; this building has been demolished. Across JC Penney Drive from the two commercial buildings is a small park, in which stands the J. C. Penney House, now a historic house museum. It is a small 1-1/2 story frame house, with a gabled roof and ...
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The J. C. Penney House in Kemmerer, Wyoming, was the home of James Cash Penney, the founder of the J. C. Penney department stores, during the 1904-1909 period that he developed his formula for a successful dry goods store. Penney and wife moved to Kemmerer in 1902 and lived in the garret of a small house.