James Cash Penney Quotes
A collection of quotes by James Cash Penney.
James Cash Penney, commonly known as J.C. Penney, was an American businessman and the founder of the J.C. Penney Company, Inc. He was born on September 16, 1875, in Caldwell County, Missouri. Penney started his career at a young age, working for a local retailer in his hometown.
In 1902, Penney moved to Wyoming and opened his first store, called the Golden Rule Store, in Kemmerer. He implemented a unique concept of fair prices and good customer service, which became the foundation for his future success. Over the next few years, he expanded his business across Wyoming and later into other states.
In 1913, Penney partnered with his colleagues and opened the first J.C. Penney store with his name in Kemmerer. His business model flourished, and by the early 1920s, he had established over 600 stores across the United States. Known for its affordable merchandise, the J.C. Penney Company became one of the leading department stores in the country.
Penney was not only a successful entrepreneur but also a philanthropist. He believed in giving back to the community and established various charitable foundations. He served as a trustee for several organizations and contributed significantly to education and healthcare.
James Cash Penney retired from his company in 1946 but remained involved in various business ventures until his passing on February 12, 1971, in New York City. His vision and dedication to providing quality products at fair prices continue to shape the J.C. Penney Company's legacy.
