What does JCPenney stand for?

Penney OpCo LLC, doing business as JCPenney and often abbreviated JCP, is an American department store chain that operates 664 stores across 49 U.S. states and Puerto Rico.

Where is JC Penney located?

Source: FactSet Old COPPER Co., Inc. engages in the operation of retail stores of apparel, home, jewelry, and beauty merchandise. The company was founded by James Cash Penney in 1902 and is headquartered in Plano, TX. The latest JC Penney stock prices, stock quotes, news, and CPPRQ history to help you invest and trade smarter.

What's new at J C Penney?

On February 1, J. C. Penney began a new pricing method, with "Every Day" prices on most days reflecting what used to be sale prices, "Monthly Value" for certain items every month in place of sales, and "Best Price" the first and third Fridays of each month, tied to paydays.

What happened to J C Penney (JCP)?

On December 26, the stock price of J. C. Penney (NYSE: JCP) fell below $1 per share. This was the first time shares fell below $1 ever in the 110-year history of the company, which started trading on the New York Stock Exchange in 1929. The stock fell 68% over the course of 2018, including a 30% drop in December 2018 alone.