The trade name is JC Penny is the midscale departmental store chain well-known to customers across both the United States and Canada. Although it is a well-known departmental store, the majority of shoppers do not know the proprietor and the person who founded the shop.
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 know who is the owner of this departmental chain it is important to know the details of the share registry.
Many shareholders 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 departmental store chain with in more than 689 locations across 49 states. The store stocks traditional items as well as fine jewelry, salon services, and much more.
The company is home to a variety of leasing departments, including optical centers, studios for portraits and the Seattle’s Best Coffee. The majority of 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 2020, the company was declared bankrupt, 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 clothes, cosmetics, footwear electronics, toys, furniture, jewelry, and appliances.
The retailer chain is a stock with a small cap company with a large number of shareholders, and massive market capitalization.
Below is an inventory of the companies and institutions which own shares. Also, take a look at the structure of the share registry to find out 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 valued at $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
Here are a few of the shareholders in the company who hold a portion of the retailer chain. You can also search on the internet for a 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 goods. It operates out of more than 700 locations, and has the largest customer base.
With more than 95K employees as well as working staff The company has earned an appearance at the top of the Fortune 500 Company List. It is ranked 25th among the top 25. However, this ranking is susceptible to change, consequently, you need to check online for more information.
Conclusion
JC Penny has a huge customer base. However, the majority of customers aren’t sure who owns Jc Penny. To find out who owns the retailer chain, it is necessary to examine the origins and registration of shares.
