America’s largest chain of the departmental store is JC penny. This 5.900 billion worth company has an inspiring story for business enthusiasts. James cash penny, the founder of JCPenny, was a former clerk of a general store. James came up with a brilliant profit-sharing plan which ultimately convinced the store owner made him a partner. And gradually, he builds JC Penny which is now operating in 689 locations. One can find apparel products, cooking wear, jewellery, cosmetics, and home furnishings under the same roof of a store in JC Penny.
|April 14, 1902,
|James Cash Penney
The mission and vision statement of JC Penny illustrates the foundation of the company. Customers are everything here which creates a long term relationship with JC Penny.
The mission statement of JC Penney
JCPenney mission statement is “to help our customer find what she loves for less time, money and effort.”
The Vision statement of JC Penney
JCPenney vision statement is “to win together with our customers, by building deeper, more enduring customer relationships.”
Values of JC Penney
JCPenney core value includes
- Customer value