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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
The company opened its 500th store in 1924 in Hamilton, Missouri, James Cash Penney's hometown. By the opening of the 1,000th store in 1928, gross business had reached $190 million (equivalent to $3.37 billion in 2024). In 1940, Sam Walton began working at a J. C. Penney in Des Moines, Iowa. Walton subsequently founded retailer Walmart in 1962. [9]
The J. C. Penney Historic District is a historic district in Kemmerer, Wyoming, encompassing several properties associated with James Cash Penney (1875-1971). The district includes the Golden Rule Store, the first in what became the J. C. Penney department store chain, and Penney's home during the store's early years.
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.
Callahan lived in and had an office in the house from 1897 until 1938. A younger partner of Callahan, eventually, was James Cash Penney, who learned from Callahan and from Guy Johnson and went on to buy them out of their stores in Wyoming and to establish the J.C. Penney Company.” [2]
JCPenney – James Cash Penney; J.J. Newberry – John Josiah Newberry; J.P. Morgan & Co. – J. P. Morgan; Jack Daniel Distillery – Jack Daniel; Jack Link's Beef Jerky – John 'Jack' Link; Jackson Guitars – Grover Jackson; Jacksons of Piccadilly – Robert Jackson; Jacob's – William and Robert Jacob; Jacuzzi – the Jacuzzi brothers ...
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This is an accepted version of this page This is the latest accepted revision, reviewed on 28 November 2024. Motto used in retailing For other uses, see The customer is always right (disambiguation). Marshall Field used slogans such as "Give the lady what she wants" in his Chicago department store. " The customer is always right " is a motto or slogan which exhorts service staff to give a high ...