About JCPenney
JC Penney is a chain of departmental stores. It sells product categories like clothing, cosmetics, electronics, footwear, furniture, housewares, jewelry and appliances. It operates via 1,060 department stores in 49 U.S. states and Puerto Rico along with the online store. Its online store caters s to America, Middle East, Europe, and Asia-Pacific. It launched its Internet store in 1998. In 2019, the company recorded annual revenues of 11.16B, and a net loss of 0.26B.
- Headquarter Plano, United States
- Stage Public
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Sectors
Retail
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Phone
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Website
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Social
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Funding Insights of JCPenney
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in JCPenney
JCPenney has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Simon and Brookfield Asset Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Focus is placed on real estate and renewable energy investments.
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Founded Year | Domain | Location | |
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Shopping and entertainment destinations are managed by Simon.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by JCPenney
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - JCPenney
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Jcpenney Comparisons
Competitors of JCPenney
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Jcpenney
Frequently Asked Questions about JCPenney
When was JCPenney founded?
JCPenney was founded in 1902.
Where is JCPenney located?
JCPenney is headquartered in Plano, United States. It is registered at Plano, Texas, United States.
Who is the current CEO of JCPenney?
King Feng is the current CEO of JCPenney.
What does JCPenney do?
JC Penney is a chain of departmental stores. It sells product categories like clothing, cosmetics, electronics, footwear, furniture, housewares, jewelry and appliances. It operates via 1,060 department stores in 49 U.S. states and Puerto Rico along with the online store. Its online store caters s to America, Middle East, Europe, and Asia-Pacific. It launched its Internet store in 1998. In 2019, the company recorded annual revenues of 11.16B, and a net loss of 0.26B.
Who are JCPenney's investors?
JCPenney has 2 investors. Key investors include Simon, and Brookfield Asset Management.