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JCPenney - Wikipedia Overview JCPenney was founded in 1902 as a group of dry goods stores that James Cash Penney managed as part of the Golden Rule chain and incorporated under his own name in 1913 The stores were initially located in downtown areas but shifted to shopping malls during the 1960s
JCPenney Credit Card (Issued by Synchrony Bank) Once you reach 200 points, you will be issued a $10 JCPenney CashPass Reward, redeemable on eligible JCPenney purchases Your account must be in good standing when the reward points are earned, and reward certificates are issued
$950M deal to sell more than 100 JCPenney stores collapses A $950 million deal to sell more than 100 JCPenney locations to a private equity firm fell apart at the last minute Onyx Partners, a Boston-based investment firm, was set to acquire 119 JCPenney