JCPenney Coupons

JCPenney was founded in 1902 by James Cash Penney and William Henry McManus. The original name for the store that started Penney in the dry goods business was The Golden Rule, but was changed to JCPenney in 1917 the same year Penney stepped down as President. The mother store is located in Kemmerer, Wyoming, and still operates as of 2008, albeit with hours significantly shorter than many of its other store locations.

In 1909, JCPenney relocated the headquarters to Salt Lake City, Utah to be closer to banks and railroads and again in 1914 to Buffalo to simplify the buying, financing, and transportation of goods. By 1917, the company operated 175 stores in 22 states in the United States. JCPenney acquired The Crescent Corset Company in 1920, the company's first wholly owned subsidiary. In 1922, the company's oldest active private brand, Big Mac work clothes, was launched. The company opened its 500th store in 1924 in Hamilton, Missouri, James Cash Penney's hometown, and its 1,000th store in 1928 in Beloit, Kansas. In 1940, future billionaire and founder of Wal-Mart, Sam Walton, began working at JCPenney's Des Moines, Iowa store. Sam Walton later went on to found future retail giant Wal-Mart in 1962. By 1941, the company operated 1,600 stores in all 48 states. In 1956, JCPenney started national advertising with a series of advertisements in Life Magazine. JCPenney credit cards were issued and accepted at its stores for the first time in 1959.