The trade name is JC Penny is the midscale departmental store chain well-known to consumers across Canada and the United States and Canada. Although it is a well-known departmental store, a lot of customers aren’t familiar with the founder and owner of the business.
Many are confused and would like to know who is the real owner and is the owner of J.C Penny Company Inc. If you want to find out who owns this departmental chain you have to know the details of the share registry.
Many shareholders in Jc Penny, and we are here to determine who owns Jc Penny.
What is JC Penny?
Penney OpCo LLC, formerly called J.C Penny Company Inc or JC Penny, is the mid-sized American department store chain that operates in more than 689 locations across 49 states. The store offers traditional merchandise as well as fine jewelry, salon services and more.
The company is home to a variety of lease-based departments, such as optical centers, portrait studios as well as the Seattle’s Best Coffee. Most of the stores are located in shopping malls that are suburban.
It was opened on the 14th of April, 1902 and was founded by James Cash Penney and William Henry McManus. The store is located in Texas. In the year 2020, the business was declared bankrupt, and was acquired in the year 2020 by Brookfield Asset Management and Simon Property Group for $800 million in cash and debt.
Who Owns Jc Penny – Let Us Find!
The most important people at the chain of retail stores include Ronald Tysore (Chairman), Marc Rosen CEO, Bill Wafford CFO as well as Shawn Gensch CCO. The store is focused on shoes, clothing, cosmetics electronics, toys, furniture, jewelry, as well as appliances.
The retailer chain is a small-cap company that has many shareholders and a massive market capitalization.
Below, you’ll find an inventory of the companies and institutions which own shares. Take a look at composition of the shares registry to find out who owns Jc Penny.
- Soltau – $9.4 Million Shares
- Ronald Tysoe purchased a share of 1352 128
- Vanguard Group Inc. Vanguard Group Inc – 5.56% Share valued at $17 783 906
- Newport Trust Co – 4.97% Shares worth $15,920 924
- D.E Shaw & Co LP – 3.35% Share Worth $10 726 562
- SSaA Funds Management Inc – 2.87% Share Worth $9 166 546
Here are a few of the shareholders in the company who own a share of the retailer chain. You can also search online for the complete list of shareholders who are part of the company.
Is JC Penny a Fortune 500 Company?
If you are aware of Who owns Jc Penny We invite you to let us know if Jc Penny is listed on the Fortune 500 Company List.
JC Penny operates from Texas It sells a variety of appeals, appliances and other household goods. It has more than 700 locations, and has the largest customer base.
With more than 95K employees as well as working staff The company has earned its place at the top of the Fortune 500 Company List. The company is ranked 25th in the rankings. However, this ranking is susceptible to change, consequently, you need to check online for more information.
Conclusion
JC Penny has a huge client base, and the majority of customers aren’t sure who owns Jc Penny. To find out who is the owner of the chain, it is necessary to examine the origins and registration of shares.
