Under the trade name of JC Penny is the midscale departmental store chain that is well-known among consumers across Canada and the United States and Canada. Although it is a well-known departmental store, a lot of customers do not know the founder and owner of the business.
A lot of people are confused and would like to know who controls and has control over J.C Penny Company Inc. If you’re also interested to find out who owns this departmental chain you have to verify the composition of the share registry.
The company has many investors in the company. We are here to discover who owns Jc Penny.
What is JC Penny?
Penney OpCo LLC, formerly called J.C Penny Company Inc or JC Penny, is the middle-sized American department store chain that operates across more than 689 locations in 49 states. The store stocks traditional items and fine jewelry, as well as salon services and more.
The company is home to a variety of leasing departments, including optical centers, portrait studios and the Seattle’s Best Coffee. Most of the stores are located in shopping malls that are suburban.
First store established on the 14th of April, 1902 and was founded by James Cash Penney and William Henry McManus. Its headquarters are in Texas. In the year 2020, the business declared bankruptcy and was acquired from 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 a specialist in shoes, clothing, cosmetics electronics, toys, furniture, jewelry, and appliances.
The retailer chain is a stock with a small cap company that has many shareholders and a massive market capitalization.
Below is an inventory of the companies and institutions which own shares. Take a look at composition of the shares registry to discover who owns Jc Penny.
- Soltau – $9.4 Million Shares
- Ronald Tysoe purchased a share of 1352 128 shares.
- Vanguard Group Inc. Vanguard Group Inc – 5.56% share worth $17 783 906
- Newport Trust Co – 4.97% Share 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
They are just a few of the shareholders in the company who hold a portion of the retailer chain. It is also possible to search online for the complete list of shareholders of the company.
Is JC Penny a Fortune 500 Company?
If you are aware of Who owns Jc Penny Let us know if the business is listed on the Fortune 500 Company List.
JC Penny operates from Texas It sells a variety of appeals, appliances, as well as other household items. It has more than 700 locations, and has an enormous customer base.
With more than 95K employees as well as working staff The company has earned its place in the Fortune 500 Company List. It is ranked 25th among the top 25. But, the rankings are susceptible to change, therefore, you should check the website for further information.
Conclusion
JC Penny has a huge customer base. However, the majority of people aren’t certain who owns Jc Penny. To find out who is the owner of the chain, verify the creation and registration of shares.
