J.C. Penney Company is an American department store with 864 stores in 49 U.S. states and Puerto Rico. Besides the sale of standard goods, J.C. Penney shops, several leased departments often exist, including Sephora, Seattle’s Best Coffee, lounges, car centers, optical centers, portrait studios and repairing of jewelry. The majority of stores of J.C. Penney are in suburban malls. Most of the shops located in downtown areas before 1966. As shopping malls grew popular in the late half of the 20th century, J.C. Penney followed the trend by relocating shops and developing stores to anchor the malls. In 1961 the company dedicated its first full-line, shopping center department store. The store situated in Audubon, New Jersey, at Black Horse Pike Center. In late 1962 at the King of Plaza, in King of Prussia, Pennsylvania, there was a second full-line shopping center store. Those shops extended their range of products and services to include equipment, sports goods, garden products, restaurants, beauty salons, portrait studios, and car-pieces. In 1973, with 2,053 shops, 300 were full-size businesses, J.C. Penney achieved its peak amount. J.C. Penney sold its stores in Italy to La Rinascente in 1977 and also removed its Interstate Supermarkets. In 1980, it closed the Treasury discount store because the resources were unprofitable in its core retail outlets. In 1978, the J. C. Penney Historic District in Kemmerer, Wyoming, was designated a U.S. National Historic Landmark
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Save with JCP Coupons
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