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132-513: The mall serves this ethnically diverse trade area with four department stores ( JCPenney , two Macy's stores (the second being Macy's home), and Forever 21 ) and 160 shops, eateries and restaurants. The mall is located directly adjacent to State Route 60 , between the Paramount Boulevard and San Gabriel Boulevard off-ramps. Construction of the mall began in 1980 and was completed in 1985 by Donahue-Schriber. The mall opened for business for

264-659: A "Jacques Penne" pop-up shop in Manhattan during the 2017 holiday season. In 2018, the JCPenney at Plaza Palma Real in Humacao, Puerto Rico closed permanently, after Hurricane Maria devastated the store in September 2017. In May, JCPenney reported an adjusted loss of $ 69 million in the first quarter, even worse than Wall Street predicted, and lowered its projections for the year. Sales fell 4%, also missing estimates. Earlier in 2018,

396-670: A 16.6% stake in Martha Stewart Living Omnimedia, intending to create "mini-Martha Stewart shops" in its stores by 2013. In early 2012, JCPenney implemented a new pricing strategy, replacing sales with "Every Day" prices, but saw a 22% sales decline by mid-year. The company also experienced staff cuts, laying off 1,600 employees in January and 600 more in April 2012. Johnson was dismissed in April 2013 and replaced by former CEO Mike Ullman . In late 2013, JCPenney faced challenges in

528-715: A Buddhist temple and Japanese Christian chapel – remain in downtown Salt Lake City. European ethnic groups and East Coast missionary groups constructed St. Mark's Episcopal Cathedral in 1874, B'nai Israel Temple in 1890, the Roman Catholic Cathedral of the Madeleine in 1909 and the Greek Orthodox Holy Trinity Cathedral in 1923. This time period also saw the creation of Salt Lake City's now defunct red-light district that employed 300 courtesans at its height before being closed in 1911. During

660-508: A J. C. Penney in Des Moines, Iowa . Walton subsequently founded retailer Walmart in 1962. By 1941, J. C. Penney operated 1,600 stores in all 48 states. In 1956, J. C. Penney started national advertising with a series of advertisements in Life magazine. J. C. Penney credit cards were first issued in 1959. The company dedicated its first full-line shopping-center department store in 1961. This store

792-530: A corridor of contiguous urban and suburban development stretched along a 120-mile (190 km) segment of the Wasatch Front , comprising a population of 2,746,164 (as of 2021 estimates), making it the 22nd largest in the nation. With a population of 200,133 in 2020, it is the 117th most populous city in the United States . It is also the central core of the larger of only two major urban areas located within

924-401: A damaging windstorm with hurricane-force winds , amidst the wider national George Floyd protests , the global COVID-19 pandemic , and protests against pandemic measures . Salt Lake City has an area of 110.4 square miles (286 km ) and an average elevation of 4,327 feet (1,319 m) above sea level . The lowest point within the boundaries of the city is 4,210 feet (1,280 m) near

1056-467: A fault segment was found at the southern edge of the convention center, and expansion plans were halted until more earthquake fault studies could be completed. The city, as well as the county , is laid out on a grid plan . Most major streets run very north–south and east–west. The grid's origin is the southeast corner of Temple Square, the block containing the Salt Lake Temple; the north–south axis

1188-476: A flourishing Chinatown in Salt Lake City nicknamed "Plum Alley", which housed around 1,800 Chinese during the early 20th century. The Chinese businesses and residences were demolished in 1952 although a historical marker has been erected near the parking ramp which has replaced Plum Alley. Immigrants also found economic opportunities in the booming mining industries . Remnants of a once-thriving Japantown – namely

1320-599: A group of stores that were divested because of trade competition issues raised during the merger.) On December 9, 1998, The New York Times reported JCPenney would acquire controlling interest of Lojas Renner for a little over $ 33 million, which increased the company's maneuvering ability with their already existing units in Chile, Mexico and Puerto Rico . In 1998, JCPenney launched its Internet store . Between 1995 and 1998, JCPenney entered Indonesia under partnership with Lippo Group (under their Multipolar investment arm) with

1452-483: A juniors clothing line) and the introduction of more skate/surf-oriented clothing, including Rusty, RS by Ryan Sheckler and 3rd Rail. In August, Albert Gonzalez 's defense lawyer announced JCPenney was a victim of a computer hacker , although the company stated that no customers' credit card information had been stolen. That year, JCPenney reached an agreement with Seattle's Best Coffee to feature full-service cafes within leased departments inside JCPenney stores across

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1584-559: A maximum difference of 7,099 feet (2164 m) being achieved with the rise of Twin Peaks from the Salt Lake Valley floor. The Salt Lake Valley floor is the ancient lakebed of Lake Bonneville , which existed at the end of the last ice age . Several Lake Bonneville shorelines can be distinctly seen as terraces on the foothills or benches of nearby mountains. Ancient folds of Lake Bonneville shorelines also lie underneath Salt Lake City, amplifying

1716-515: A more urban and suburban pattern, canal water companies were gradually replaced by culinary water systems. Downtown Salt Lake City has been a hub of commerce for the Intermountain West and its architecture reflects this history. Main Street , which was the primary commercial avenue for the city in the late 19th and early 20th centuries, anchors the historic core of the downtown area that begins at

1848-531: A new Golden Rule store. Using money from savings and a loan, Penney joined the partnership and moved with his wife and infant son to Kemmerer, Wyoming , to start his own store. Penney opened the store on April 14, 1902. He participated in the creation of two more stores and purchased full interest in all three locations when Callahan and Johnson dissolved their partnership in 1907. In 1909, Penney moved his company headquarters to Salt Lake City , Utah to be closer to banks and railroads. By 1912, Penney had 34 stores in

1980-439: A planned closing a total of 242 stores. Since the initial filing, rumors of potential buyers included Amazon , Sycamore Partners , and a group consisting of Authentic Brands ( Forever 21 , Aeropostale , Barneys ), and mall owners Simon Property Group and Brookfield Properties. On July 8, JCPenney submitted their bankruptcy exit plan to existing lenders, and also requested more time for negotiations. On July 31, 2020, it

2112-530: A preview of an upcoming product line. In February 2008, the company launched the American Living brand, as developed by Ralph Lauren , across several product lines. The launch, which was accompanied by an ad campaign during the 80th Academy Awards , was the company's largest private brand launch. That summer, JCPenney also added a new brand to its home collection, Linden Street. The Linden Street brand features furniture, domestics, and home decor. Linden Street

2244-514: A prize at the Cannes Lions International Advertising Festival . The ad was criticized for seeming to promote teen sex. JCPenney denied that the ad was theirs and their advertising agency Saatchi & Saatchi reported that it had been created by a third-party vendor. It was entered in the competition by Epoch Films, who declined to comment. Marketing expert John Tantillo advised that the company distance itself from

2376-527: A result, the population of the surrounding metropolitan area greatly outnumbers Salt Lake City. A major concern of recent government officials has been combating inner-city commercial decay. The city lost population from the 1960s through the 1980s, but experienced some recovery in the 1990s. Presently, the city has gained an estimated 5 percent of its population since the year 2000. The city has experienced significant demographic shifts in recent years. Hispanics now account for approximately 22% of residents and

2508-858: A role in the summer months, causing tropospheric ozone to peak in July & August, but in 2015 it started at the beginning of June. In 2016 Salt Lake's air quality was ranked 6th worst in the nation by the American Lung Association. It received an F grade for both ozone and particulate matter. Particulate pollution is considered especially dangerous, as the tiny pollutants can lodge deep in lung tissue. Both ozone and particulate pollution are associated with increased rates of strokes, heart attacks, respiratory disease, cancer and premature death. Outdoor air particulates have been associated with low and very low birth weight, premature birth, congenital defects, and death. Severe drought and water diversions have shrunk

2640-417: A six-year, $ 1 billion deal with JCPenney to sell a line of affordable clothing, accessories, cosmetics, and perfumes ranging in price from $ 24 to $ 200. The move was considered controversial then as no other high-end designer up to that point in time had licensed their designs to a mid-price retailer. The line, named Halston III, would not last long, as it would be poorly received and discontinued after about

2772-474: A tendency to acquire or trade for these water rights. These can then be traded for culinary water rights to water imported into the valley. At its peak, irrigation in the valley comprised over one hundred distinct canal systems, many originating at the Jordan Narrows at the south end of the valley. Water and water rights were important in the 19th and early 20th centuries. As heavy agricultural usage changed into

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2904-443: A total average of 60 inches (152 cm), although measurable snow has fallen as early as September 17 and as late as May 28. The snowiest season was 1951–52, with 117.3 inches (298 cm), while the least snowy season was 16.6 inches (42 cm) in 1933–34. The snowiest month on record was January 1993, in which 50.3 inches (128 cm) were recorded. The nearby Great Salt Lake is a significant contributor to precipitation in

3036-551: A wave of millennials who are buying first-time homes. In February, JCPenney opened a support center in Bangalore , India. In January 2017, JCPenney sold its headquarters campus and surrounding land in Plano, Texas, to Dreien Opportunity Partners as a leaseback sale to maintain operations at the location. The land has since been broken up and sold and developed. Space inside the headquarters building has been subleased. Part of this land

3168-650: A year. However, the business move paved the way for other such high-end designers to sell their products at stores of varying price ranges in the future. In 1984, JCPenney acquired the First National Bank of Harrington, Delaware and renamed it J. C. Penney National Bank. With the acquisition of the bank, the company became able to issue its own Mastercard and Visa Inc. cards. The company also began accepting American Express cards. Also that year, Thrift Drug began co-locating stores with Weis Markets , and acquired many former Pantry Pride properties. In April 1987,

3300-406: Is Main Street; and the east–west axis is South Temple Street. Addresses are coordinates within the system (similar to latitude and longitude ). Odd and even address numbering depends on the quadrant of the grid in which an address is located. The rule is: When traveling away from the grid center (Temple Square) or its axes (Main Street, South Temple Street), odd numbers will be on the left side of

3432-514: Is an American department store chain that operates 656 stores across 49 U.S. states and Puerto Rico. Departments inside JCPenney stores include Men's, Women's, Boys', Girls', Baby, Bedding, Home, Fine Jewelry, Shoes, Lingerie, JCPenney Salon , JCPenney Beauty , as well as leased departments such as Seattle's Best Coffee , US Vision optical centers, and Lifetouch portrait studios. Most JCPenney stores were initially located in downtown areas, but, as shopping malls grew in popularity during

3564-511: Is home to a significant LGBT community and hosts the annual Utah Pride Festival . It is the industrial banking center of the United States. Salt Lake City and the surrounding area are also the location of several institutions of higher education including the state's flagship research school, the University of Utah . Sustained drought in Utah has strained Salt Lake City's water security , caused

3696-477: Is mediated by its unique geography, generally keeping highs and lows from reaching extremes. The primary source of precipitation in Salt Lake City is massive storms that move in from the Pacific Ocean along the jet stream from October to May. In mid-to-late summer, when the jet stream retreats far to the north, precipitation mainly comes from afternoon thunderstorms caused by monsoon moisture moving up from

3828-399: Is more economically diverse on the west side, which results in demographic differences. Interstate 15 was also built in a north–south line, further dividing east and west sides of the city. Sugar House , in southeastern Salt Lake City, has a reputation as an older neighborhood with small shops in the center. Sugar House is an area which has been the focus of redevelopment efforts such as

3960-436: Is only 22%. Winters are quite cold but rarely frigid. While an average of 127 days drop to or below freezing, and 26 days with high temperatures that fail to rise above freezing, the city only averages 6.3 days at or below 10 °F (−12.2 °C). The record high temperature is 107 °F (42 °C), which occurred first on July 26, 1960, July 13, 2002, June 16, 2021, July 17, 2022, and most recently September 7, 2022, while

4092-410: Is sold exclusively in JCPenney stores and through its website. Other brands for juniors and young men were launched that summer. They included a relaunch of Le Tigre , along with Decree, and Fabulosity, a junior line of clothing by Kimora Lee Simmons . In July 2009, new additions were made to the JCPenney young men's department, including an expansion of its private brand Decree (previously exclusively

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4224-608: Is the capital and most populous city of the U.S. state of Utah . It is the county seat of Salt Lake County , the most populous county in the state. The city is the core of the Salt Lake City Metropolitan Statistical Area (MSA), which had a population of 1,257,936 at the 2020 census. Salt Lake City is further situated within a larger metropolis known as the Salt Lake City–Ogden–Provo Combined Statistical Area ,

4356-438: Is the right place, drive on." Brigham Young is said to have seen the area in a vision before the wagon train's arrival. They found the broad valley empty of any human settlement. Four days after arriving in the Salt Lake Valley, Brigham Young designated the building site for the Salt Lake Temple. The Salt Lake Temple, constructed on the block later called Temple Square, took 40 years to complete. Construction started in 1853, and

4488-450: Is unclear whether she was fired or resigned. On January 1, 2021, Soltau was replaced by Simon Property's chief investment officer, Stanley Shashoua. On June 4, 2020, JCPenney released a list of 148 stores slated to close starting in late June 2020, with eleven additional store closures announced on June 22 and two additional stores on July 7, with the previously announced store closing locations remaining on hold pending further review, for

4620-496: The 79th Academy Awards in late February 2007. After JCPenney sold off Eckerd in 2004, the locations that continued to operate as Eckerd (some locations in the Southern U.S. were sold to CVS Corporation ) still had JCPenney Catalog Centers inside the stores (which was a carryover from locations that were once Thrift Drug ) and also continued to accept JCPenney credit cards. After Rite Aid finalized its acquisition of Eckerd in 2007,

4752-602: The American Old West . The first group of settlers brought African slaves with them, making Utah the only place in the western United States to have African slavery. Three slaves, Green Flake, Hark Lay, and Oscar Crosby, came west with the first group of settlers in 1847. The settlers also began to purchase Indian slaves in the well-established Indian slave trade, as well as enslaving Indian prisoners of war. In 1850, 26 slaves were counted in Salt Lake County. In 1852,

4884-507: The COVID-19 pandemic for its action. By June 17, JCPenney reopened approximately 827 stores; most of the 154 scheduled for permanent closure in 2020 were among those reopened, with final closing sales in progress. On June 22, JCPenney identified an additional 13 stores that would be permanently closed. On July 7, 2020, JCPenney announced that they would close two stores in New York City; one at

5016-462: The Great Basin (the other being Reno, Nevada ). Salt Lake City was founded on July 24, 1847, by early pioneer settlers led by Brigham Young who were seeking to escape persecution they had experienced while living farther east. The Mormon pioneers , as they would come to be known, entered a semi-arid valley and immediately began planning and building an extensive irrigation network which could feed

5148-508: The Gulf of California . Although rainfall can be heavy, these storms are usually scattered in coverage and rarely severe. However, downtown was hit by an F2 tornado on August 11, 1999, killing 1 person, injuring 60, and causing $ 170 million in damage. The remnants of tropical cyclones from the East Pacific can rarely reach the city during Fall. The remnants of Hurricane Olivia helped bring

5280-764: The Hotel Newhouse , and the Salt Lake Theatre . After a period of stagnation in the era of urban sprawl , and with the construction of TRAX in the late 1990s and the City Creek Center in the early 2010s, downtown Salt Lake City is experiencing a period of revival. Empty lots and older structures are in the process of being redeveloped into apartment and office towers and the city has begun to close Main Street to automobile traffic on summer weekends to encourage pedestrian activity and business. More than 5,000 new residential units are planned or under construction for

5412-830: The JCPenney style in advertising. and its revenues reached $ 5 billion (equivalent to $ 37.6 billion in 2024) for the first time and catalog business made a profit for the first time. JCPenney reached its peak number of stores in 1973, with 2,053 stores, 300 of which were full-line establishments. However, the company was hard hit by the 1974 recession with its stock price declining by two-thirds. In 1977, J. C. Penney sold its four stores in Italy to Italian department store chain La Rinascente ; Penneys had opened in Italy in 1970 but left due to difficulties encountered when trying to expand in Italy and had only ever opened stores in

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5544-610: The Jordan River and the Great Salt Lake, and the highest is Grandview Peak , at 9,410 feet (2,868 m). The city is in the northeast corner of the Salt Lake Valley surrounded by the Great Salt Lake to the northwest, the steep Wasatch Range to the east, and Oquirrh Mountains to the west. Its encircling mountains contain several narrow canyons, including City Creek , Emigration , Millcreek , and Parley's which border

5676-583: The Lombardy region. In the same year they also closed down their unprofitable Supermarkets Interstate supermarket brand which operated in Treasury discount stores; however, the stores that were not in Treasury locations remained open. In 1978, the J. C. Penney Historic District in Kemmerer, Wyoming, was designated a U.S. National Historic Landmark . In 1979, JCPenney stores started accepting Visa cards. MasterCard

5808-634: The Manhattan Mall , which was closed immediately and the Kings Plaza store in Brooklyn, which closed on Sunday, September 27, 2020. On December 17, 2020, JCPenney announced that they would close 15 additional stores in March 2021. As of June 2021, there have been a total of 175 store closures. On December 30, 2020, it was announced that Jill Soltau would step down as CEO of JCPenney, effective December 31, 2020. It

5940-796: The Salt Lake Temple and concludes at the City and County Building . Halfway between those two structures, the Walker Center , at the corner of Main and 200 South, was built in 1912 and was the tallest building between Chicago and San Francisco upon its completion. Other extant pre-war structures include the Kearns Building , Hotel Monaco , the First Security Building, the Joseph Smith Memorial Building (formerly Hotel Utah),

6072-591: The UTA S-Line Streetcar . In late 2015 there were approximately 900 apartment units either recently built or under construction in the Sugar House area, with an additional 492 units proposed. Northeast of Downtown is The Avenues, a neighborhood outside of the regular grid system on smaller blocks. The area between 6th Avenue to South Temple Street is a Historical District that is nearly entirely residential, and contains many historical Victorian era homes. Recently

6204-472: The University of Utah , commercial precincts, and the Wasatch foothills. The western neighborhoods of the city, such as Poplar Grove , Rose Park , and Glendale tend to be more working-class and ethnically diverse and are popular with immigrants and young people. This divide is a result of the railroad being built in the western half as well as panoramic views from inclined ground in the eastern portion. Housing

6336-613: The Utah State Capitol and Democratic lawmakers have introduced legislation in the Utah State Legislature to make public transportation free during January and July, when air quality is usually at its worst. The population of the Salt Lake City metropolitan area is projected to double by 2040, putting further pressure on the region's air quality. The Great Salt Lake is separated from Salt Lake City by extensive marshlands and mudflats. The metabolic activities of bacteria in

6468-451: The liquefaction of the clay- and sand-based soil and the possible permanent flooding of portions of the city by the Great Salt Lake. On March 18, 2020, a 5.7 magnitude earthquake , the largest in the Salt Lake City area in modern times, hit Magna , just southwest of Salt Lake City, causing some minor damage throughout the valley. Damage in Salt Lake City was especially evident in historic brick homes— unreinforced masonry buildings —such as

6600-557: The territorial prison in Sugar House in the 1880s for violation of anti-polygamy laws. The church began its eventual abandonment of polygamy in 1890, releasing "The Manifesto" , which officially suggested members obey the law of the land (which was equivalent to forbidding new polygamous marriages inside the US and its territories, but not in church member settlements in Canada and Mexico). This paved

6732-629: The 1892 Sears mansion which required demolition after the earthquake. The Warm Springs Fault and the East Bench Fault, offshoots of the Wasatch Fault, were found in 2021 to connect underneath Salt Lake City, increasing the risk of major metropolitan damage from an earthquake. Prior to this, in 1997 the Salt Lake Tribune published a front-page exposé about how the construction of the downtown Salt Palace convention center had been hastened by

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6864-612: The 1960s, JCPenney expanded to include Alaska, Hawaii, and Puerto Rico. Stores were opened in Anchorage and Fairbanks , Alaska in 1962, followed by Honolulu , Hawaii in 1966, and Puerto Rico in 1968. The Penney Building in Anchorage partially collapsed and was damaged beyond repair in the 1964 Alaska earthquake . The company rebuilt the store as a shorter building on a larger footprint and followed up by building Anchorage's first public parking garage, which opened in 1968. The Honolulu store

6996-557: The 1960s, the chain began relocating and developing stores to anchor the malls. In recent years, JCP has opened stores in power centers , as well as stand-alone stores, sometimes adjacent to competitors. The company has been an Internet retailer since 1998, and it has streamlined its catalog and distribution while undergoing renovation improvements at store level. After filing for Chapter 11 bankruptcy protection in May 2020, Brookfield Asset Management and Simon Property Group agreed to purchase

7128-419: The 1970s. Salt Lake City has a humid continental climate ( Dsa ), while western parts may experience a Mediterranean climate ( Csa ), as summers are dry and hot and winters are cold and wet, but rarely frigid. Late summer and early fall monsoonal activity can keep precipitation fairly consistent throughout the year aside from early to mid summer when rain is minimal. The temperature of the Salt Lake City area

7260-469: The 1980s JCPenney's also stopped selling outdoor equipment and hardware such as lawn mowers and tools. Construction on the new company headquarters in Plano, Texas broke ground in 1990 and were completed in 1992. When Sears closed its catalog business in 1993, JCPenney became the largest catalog retailer in the United States. In 1995 the chain expanded to Chile with a store in the capital, Santiago . In 1995,

7392-523: The 1985 holiday season. A comprehensive remodel was almost totally completed in 2009, in time for the winter holidays. The remainder of the remodel was completed in June 2010 and includes an elegantly styled center court with more "high end" stores such as Coach fine leathers and Aldo fashion footwear. The mall was again remodeled in 2016. The food court was renovated along with enhanced entryways, landscaping, signage, and outdoor seating. The anchor store H&M

7524-470: The Ambrielle lingerie label, which became its largest private brand launched in the company's history. JCPenney also re-introduced cosmetics with the opening of Sephora " stores-within-a-store " inside some JCPenney locations. Beginning in 2007, JCPenney's store slogan changed from "It's All Inside" to "Every Day Matters." The new slogan and associated ad campaign was launched in television commercials during

7656-646: The Avenues is becoming known for restaurants and shops opening in old retail space mixed within the community. The Avenues are situated on the upward-sloping bench in the foothills of the Wasatch Range, with the earlier built homes in the lower elevation. The Avenues, along with Federal Heights , just to the east and north of the University of Utah , and the Foothill area, south of the university, contain gated communities, large, multimillion-dollar houses, and panoramic views of

7788-755: The Boston and Newhouse Buildings, the Utah State Capitol , and the Clift Building . Salt Lake City has two historic passenger rail depots, the Denver and Rio Grande Western Depot and the Union Pacific Depot , the latter of which now anchors the Gateway district. Salt Lake City lost many significant structures to forces such as urban renewal in the 20th century, including the Dooly Building , designed by Louis Sullivan ,

7920-470: The Catalog Centers inside the soon-to-be-converted stores permanently closed. Although as a result of the acquisition, Rite Aid now accepts JCPenney credit cards, even at Rite Aid locations that existed before the acquisition of Eckerd. In November 2007, the company launched a new public website, JCPenneyBrands.com, which covers the company's private and exclusive brands and its branding strategy, as well as

8052-615: The Confederate States of America, marched through the city and found it had been evacuated. They continued their march through the deserted city to vacant land at the southwest corner of the valley. There they set up Camp Floyd (40 miles (64 km) south of the city). Another military installation, Fort Douglas , was established in 1862 to maintain Union allegiance during the American Civil War . Many area leaders were incarcerated at

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8184-404: The Great Salt Lake level to drop to record low levels, and has impacted the local and state economy. The receding lake has exposed arsenic which may become airborne, exposing area residents to poisonous dust. The city is also under threat of major earthquake damage amplified by two offshoots of the nearby Wasatch Fault that join underneath the downtown area. Before settlement by members of

8316-660: The LDS Church, the Shoshone , Weber Ute, and Paiute had dwelt in the Salt Lake Valley for thousands of years. At the time of Salt Lake City's founding, the valley was within the territory of the Northwestern Shoshone . One local Shoshone tribe, the Western Goshute tribe, had names for the Jordan River , City Creek , and Red Butte Canyon (Pi'o-gwût, So'ho-gwût, and Mo'ni-wai-ni). The Goshutes (or, Gosiutes) also lived in

8448-585: The Latter-day Saints in July 1847, during the Mexican-American War . They had traveled beyond the boundaries of the United States into Mexican Territory seeking a secluded area to safely practice their religion away from the violence and the persecution they experienced in the United States . Upon arrival at the Salt Lake Valley, president of the church Brigham Young is recorded as stating, "This

8580-412: The Olympic games, but business did not pick up immediately following. On July 24, 2024, Salt Lake City was formally chosen by the International Olympic Committee (IOC) to host the 2034 Olympic Winter Games. All of the facilities from the previous Games can be re-used, and the bid enjoyed support from the IOC and the city. Salt Lake City hosted the 16th Winter Deaflympic games in 2007, taking place in

8712-499: The President of the United States to appoint a surveyor general for Utah Territory, and to cause that the lands of that territory should be surveyed preparatory to bringing them on the market. Because of numerous conflicts between the surveyor and the territorial government the first surveyor general abandoned his post in 1857, not to return till 1869. The pioneers organized a state called State of Deseret , and petitioned for its recognition in 1849. The United States Congress rebuffed

8844-434: The Rocky Mountain States. In 1913, all stores were consolidated under the J. C. Penney banner. The so-called "mother store", in Kemmerer, opened as the chain's second location in 1904. In 1913, the company was incorporated under the new name, J. C. Penney Company, with William Henry McManus as a co-founder. In 1914, the headquarters was moved to New York City to simplify buying, financing, and transportation of goods. By 1917,

8976-431: The Simon and Brookfield retail portfolio, therefore superseding and annulling previous agreements for Sephora to leave JCPenney in favor of Kohl's. The company returned to its Plano, Texas, headquarters in July 2023. The reopened headquarters contains over 2,000 workers and occupies three floors. In June 2008, an ad called "Speed Dressing" emerged ending with the JCPenney logo and slogan "Every Day Matters". The ad won

9108-406: The Wasatch Range. The second-highest mountain range is the Oquirrhs, reaching a maximum height of 10,620 feet (3,237 m) at Flat Top. The east–west-oriented Traverse Mountains to the south extend to 6,000' (1830m), nearly connecting the Wasatch and Oquirrh Mountains. The mountains near Salt Lake City are easily visible from the city and have sharp vertical relief caused by ancient earthquakes, with

9240-641: The acquisition of General Merchandise Company which gave them The Treasury stores. These discount operations proved unsuccessful and were shuttered in 1981. In 1963, J. C. Penney issued its first catalog. The company operated in-store catalog desks in eight states. The catalogs were distributed by the Milwaukee Catalog distribution center. In 1969, the company acquired Thrift Drug , a chain of drugstores headquartered in Pittsburgh , Pennsylvania. It also acquired Supermarkets Interstate , an Omaha -based food retailer which operated leased departments in J. C. Penney stores, The Treasury stores, and Thrift Drug stores. In

9372-414: The branding JCPenney Collections , also used by multiple international JCPenney branches across Asia during the decade. This type of JCPenney store only featured fashion for men, women and kids. During its tenure, JCPenney opened two flagship stores: in 1995 on the upper ground level of Lippo Supermal (now Supermal Karawaci), and in 1996 on the upper ground and first level of Mal Taman Anggrek . Aside from

9504-601: The bulb of the native sego lily , which has long been part of the ordinary diet of the Shoshone, sego being derived from the Shoshone word seego . The sego lily was commemorated by the Sego Lily Dam, a flood-prevention infrastructure project in the shape of a giant sego lily, built in Sugar House Park in 2017. The city was not platted until after the federal surveyor abandoned his post in 1857. In 1855 Congress directed

9636-408: The city has a significant LGBT community. There is also a large Pacific Islander population (mainly Samoans and Tongans ); they compose roughly 2% of the population of the Salt Lake Valley area. Salt Lake City was selected in 1995 to host the 2002 Winter Olympics. The games were plagued with controversy. A bid scandal surfaced in 1998 alleging bribes had been offered to secure the bid. During

9768-459: The city when UTA's TRAX opened in 1999. The S Line (formerly known as Sugar House Streetcar) opened for service in December 2013 on an old D&RGW right-of-way. The city's population began to stagnate during the 20th century as population growth shifted to suburban areas north and south of the city. Few of these areas were annexed to the city, while nearby towns incorporated and expanded. As

9900-411: The city. The city also has a belt route , I-215. Salt Lake City has developed a strong tourist industry based primarily on skiing , outdoor recreation , and religious tourism . It hosted the 2002 Winter Olympics and will host the 2034 Winter Olympics . It is known for its politically liberal culture, which stands in contrast with most of the rest of the state's highly conservative leanings. It

10032-613: The city. The lake effect can enhance rain from summer thunderstorms and produces lake-effect snow approximately 6 to 8 times per year, some of which can produce prodigious snowfall amounts. It is estimated about 10% of the annual precipitation in the city can be attributed to the lake effect. Salt Lake City features large variations in temperatures between seasons. During summer, there are an average of 56 days per year with temperatures of at least 90 °F (32.2 °C), 23 days of at least 95 °F (35 °C), and 9 days of 100 °F (37.8 °C). However, average daytime July humidity

10164-518: The commercial and also shed the publicity it engendered. Beginning with the Marathon Hats line, JCPenney has introduced multiple private brands, partially in response to suppliers denying access to expected inventories. JCPenney locations that are listed on the National Register of Historic Places (NRHP): Salt Lake City Salt Lake City , often shortened to Salt Lake or SLC ,

10296-425: The company announced it would cut 360 jobs at its stores and corporate headquarters. The company lowered its earnings forecast for the year to 13 cents per share at best, and said it could lose as much as 7 cents. JCPenney finished the quarter with just $ 181 million in cash, down from $ 363 million a year ago. Much of the big decrease was because of a $ 190 billion debt replace. On May 22, JCPenney announced

10428-493: The company announced that it was moving its headquarters to Plano, Texas . After several years of development, the JCPenney Television Shopping Channel appeared on cable systems beginning in 1989. By the mid-1980s, all JCPenney stores had discontinued sales of firearms. Before this point, JCPenney carried rifles and shotguns branded as JCPenney but produced by numerous established firearms manufacturers. In

10560-909: The company emerges from bankruptcy it is poised to save nearly 60,000 jobs, according to various independent studies. The company was paying $ 2.45 million in monthly rent at the time it sold its headquarters offices in Plano, Texas in 2017; the location was permanently vacated in November 2020. In October 2021, the company opened 10 new shop-in-shop locations across the US, featuring a wide variety of brands, including indie and BIPOC brands, including flagship partner Thirteen Lune . Marc Rosen became CEO in 2021. In April 2022, JCPenney's owners—Simon and Brookfield—offered $ 8.6 billion to purchase Kohl's . Sephora had already announced plans to contract exclusively with Kohl's by 2023, and had piloted Sephora Inside Kohls at select store locations. With this deal, Sephora would remain affiliated with, and under control of,

10692-897: The company for approximately $ 800 million in cash and debt in September 2020. The deal was approved by the U.S. bankruptcy court for the Southern District of Texas two months later. James Cash Penney was born in Hamilton, Missouri . After graduating from high school, Penney worked for a local retailer. He relocated to Colorado at the advice of a doctor, hoping that a better climate would improve his health. In 1898, Penney went to work for Thomas Callahan and Guy Johnson, who owned dry goods stores called Golden Rule stores in Colorado and Wyoming. In 1899, Callahan sent Penney to Evanston, Wyoming , to work with Johnson in another Golden Rule store. Callahan and Johnson asked Penney to join them in opening

10824-526: The company on retail. In 2003, the company opened three stores in strip centers in Texas , Minnesota and Indiana . The new one-level, 94,000 sq ft (8,700 m ) format stores focus on convenience with wider aisles and centralized checkouts. In 2004, the company added 14 more stores and exited the drug store division after 35 years, with the sale of its Eckerd division. The company also sold its six Mexico stores to Grupo Carso , which rebranded five of

10956-580: The company operated 175 stores in 22 states in the United States. J. C. Penney acquired The Crescent Corset Company in 1920, the company's first wholly owned subsidiary. In 1922, the company's oldest active private brand, Big Mac work clothes, was launched. The company opened its 500th store in 1924 in Hamilton, Missouri, James Cash Penney's hometown. By the opening of the 1,000th store in 1928, gross business had reached $ 190 million (equivalent to $ 3.37 billion in 2024). In 1940, Sam Walton began working at

11088-436: The country. Seattle's Best Coffee is still expanding café locations within JCPenney locations across the country. In 2010, Vornado Realty Trust acquired a 9.9% stake in JCPenney but sold it in 2013 for $ 13.00 per share. On January 24, 2011, JCPenney shut down its catalog business and 19 outlet stores. Seven additional stores and two call centers also closed. On February 12, 2011, The New York Times revealed that JCPenney

11220-490: The county geologist who erased the Warm Springs Fault from earthquake maps of Salt Lake City so that the downtown area appeared to be free of faults, enabling the convention center developers to avoid the time and expense of an earthquake hazard and risk assessment. The newspaper showed that the Warm Springs Fault runs north–south along W. Temple, directly adjacent to Temple Square and the convention center. A year later,

11352-422: The danger of earthquakes. Salt Lake City is subject to earthquakes from active fault lines running through it. These faults are related to the regional Wasatch Fault which runs north–south along the western base of the Wasatch Range and is considered at high risk of producing an earthquake as large as 7.5 magnitude . Catastrophic damage is predicted in the event of an earthquake with major damage resulting from

11484-497: The downtown area as of April 2021 and many new breweries and restaurants have opened in the last decade. Regent Street, which in the early 20th century was the city's red-light district , has recently been redeveloped with the notable additions of the 2,468-seat Eccles Theater and 111 Main, an adjacent 24-story office building. A distinctive feature of Salt Lake City's cityscape is its very large block sizes, which are 660 feet square and separated by streets 132 feet wide, making them

11616-543: The drug store business was expanded with the acquisition of Kerr Drug and again in 1996 with the purchase of Fay's Drug . Then in November 1996 they acquired the Eckerd chain. Fay's, Kerr, and Eckerd merged into J. C. Penney's drug store subsidiary Thrift Drug. Fay's, most Kerr, and Thrift drug stores were re-branded Eckerd in 1997. (Kerr Drug stores in The Carolinas remained branded as such because they were part of

11748-513: The eastern city limits. The burgeoning population of Salt Lake City and the surrounding metropolitan area, combined with its geographical situation, has led to air quality becoming a concern. The Great Basin is subject to strong temperature inversions during the winter, which trap pollutants and decrease the air quality. The Utah Division of Air Quality monitors air quality and issues alerts for voluntary and mandatory actions when pollution exceeds federal safety standards. Protests have been held at

11880-512: The following business day. On March 18, JCPenney announced all retail stores would temporarily close in response to the global COVID-19 pandemic until April 2. On March 31, JCPenney announced an extension of the planned April 2 reopening, with a new date not possible to be determined at the time. On May 1, JCPenney announced a limited number of stores would reopen. On May 15, 2020, JCPenney filed for Chapter 11 bankruptcy and announced that there would be an additional 242 store closings, blaming

12012-467: The fourth major national retailer to file for bankruptcy in May 2020. Days earlier, it was reported in a regulatory filing that JCPenney would give bonuses totaling nearly $ 10 million to the company's senior managers, which included $ 4.5 million to CEO Jill Soltau . After 91 years, it was delisted from the New York Stock Exchange on May 18, 2020, and started trading over-the-counter

12144-507: The games, other scandals erupted over contested judging scores and illegal drug use. Despite the controversies, the games were heralded as a financial success, being one of the few in recent history to turn a profit. In preparation major construction projects were initiated. Local freeways were expanded and repaired, and a light rail system was constructed. Olympic venues are now used for local, national, and international sporting events and Olympic athlete training. Tourism has increased since

12276-413: The lake result in a phenomenon known as "lake stink", a scent reminiscent of foul poultry eggs, two to three times per year for a few hours. The Jordan River flows through the city and is a drainage of Utah Lake that empties into the Great Salt Lake. The highest mountaintop visible from Salt Lake City is Twin Peaks , which reaches 11,330 feet (3,450 m). Twin Peaks is southeast of Salt Lake City in

12408-516: The largest in the United States. This and the resulting development patterns gives the city and its buildings a unique sense of scale but also a distinct challenge to urban walkability , with many streets boasting six lanes for automobile traffic. On the other hand, the extra-wide streets have made the addition of dedicated transit lanes and light rail more feasible and many streets are now being redesigned with features such as protected bike lanes, linear parks, and even spaces for urban development within

12540-425: The late 19th and early 20th centuries, an extensive streetcar system was constructed throughout the city, with the first streetcar running in 1872 and electrification of the system in 1889. As in the rest of the country, the automobile usurped the streetcar, and the last trolley was approved for conversion in 1941, yet ran until 1945, due to World War II . Trolley buses ran until 1946. Light rail transit returned to

12672-779: The mall that same month (having to close down for a period of time due to damage caused by arson in other sections of the mall). Currently, the previous stores are occupied by H&M at Supermal Karawaci and Matahari Department Store at Mal Taman Anggrek respectively. JCPenney left Chile in 1999, after five years in the country it closed down its home store and sold its main store in Santiago to Almacenes Paris . The stores were closed due to low profitability and high expenses. In early 2001, JCPenney closed 44 under-performing stores. In 2001, JCPenney sold its direct-marketing insurance unit to Dutch insurer Aegon for $ 1.3 billion (equivalent to $ 2.24 billion in 2024) in cash to help refocus

12804-535: The medians. The city also encourages new projects to incorporate mid-block walkways and other scale-mitigation strategies into planning to promote pedestrian engagement. Salt Lake City has many distinct neighborhoods. There is a general east–west socioeconomic divide. The eastern neighborhoods of the city, such as the Avenues , 9th & 9th , Yalecrest , Federal Heights , and Sugar House tend to be more affluent. These districts are popular with professionals, families, and students due to their proximity to Downtown,

12936-512: The menu from a high-society ball. Disputes with the federal government ensued over the church's practice of polygamy . A climax occurred in 1857 when President James Buchanan declared the area in rebellion after Brigham Young refused to step down as governor, beginning the Utah War . A division of the United States Army , commanded by Albert Sidney Johnston , later a general in the army of

13068-578: The nearby Utah Valley (the 1776 Dominguez-Escalante expedition were undoubtedly aware of Salt Lake Valley's existence). U.S. Army officer John C. Frémont surveyed the Great Salt Lake and the Salt Lake Valley in 1843 and 1845. The Donner Party , a group of ill-fated pioneers, had traveled through the Great Salt Lake Valley in August 1846. The settling of Salt Lake City dates to the arrival of

13200-464: The population and foster future growth. Salt Lake City's street grid system is based on a standard compass grid plan, with the southeast corner of Temple Square (the area containing the Salt Lake Temple in downtown Salt Lake City) serving as the origin of the Salt Lake meridian . Owing to its proximity to the Great Salt Lake , the city was originally named Great Salt Lake City. In 1868, the word "Great"

13332-418: The record low is −30 °F (−34 °C), which occurred on February 9, 1933. During mid-winter, strong areas of high pressure often stagnate over the Great Basin , leading to strong temperature inversions . This causes air stagnation and thick smog in the valley from several days to weeks at a time and can result in the nation's worst air-pollution levels. This same effect will also occasionally play

13464-574: The record monthly precipitation of 7.04 inches (179 mm) in September 1982. 1983 was the wettest year on record, with 24.26 inches (616 mm), while 1979 was the driest, when 8.70 inches (221 mm) were recorded. Spring snowmelt from the surrounding mountains can cause localized stream flooding during late spring and early summer, the worst examples being in 1952 and especially 1983, when City Creek burst its banks, forcing city engineers to convert several downtown streets into waterways. Snow falls on average from November 6 to April 18, producing

13596-561: The resignation of their CEO, Marvin Ellison. On October 2, JCPenney announced former Jo-Ann Stores CEO Jill Soltau as their CEO, effective October 15. With the announcement, JCPenney's shares rose 9%. The company ranked 235 on the Fortune 500 list of the largest United States corporations by revenue. She has also brought new talent and has cleaned out inventory. On December 26, the stock price of JCPenney (NYSE: JCP) fell below $ 1 per share. This

13728-622: The rest of the city. Smith's Plat of Zion specified the city was to be developed into 135 10-acre (4.0 ha) lots. However, the blocks in Salt Lake City became irregular during the late 19th century when the Church of Jesus Christ of Latter-day Saints lost authority over growth and before the adoption of zoning ordinances in the 1920s. The original 10-acre (4.0 ha) blocks allowed for large garden plots, and many were supplied with irrigation water from ditches that ran approximately where modern curbs and gutters would be laid. The original water supply

13860-475: The settlers in 1850 and established the Utah Territory , vastly reducing its size, and designated Fillmore as its capital city. Great Salt Lake City replaced Fillmore as the territorial capital in 1856, and the name later was shortened to Salt Lake City. The city's population continued to swell with an influx of converts to the LDS Church and Gold Rush gold seekers, making it one of the most populous cities in

13992-451: The source of the unusual width. These wide streets and grid pattern are typical of other Mormon towns of the pioneer era throughout the West. Though the nomenclature may initially confuse new arrivals and visitors, most consider the grid system an aid to navigation. Some streets have names, such as State Street, which would otherwise be known as 100 East. Other streets have honorary names, such as

14124-491: The stock market, issuing 84 million shares amid declining margins and a return to promotional pricing strategies. In January 2015, it was announced that JCPenney would close 39 under-performing stores nationwide and lay off 2,250 employees. That same year, the company announced that it was liquidating its The Foundry Big & Tall Supply Co. chain of standalone clothing stores. In January 2016, JCPenney announced plans to relaunch its business of selling major appliances to target

14256-553: The stores as Dorian's and the other one as Sears Mexico . In 2005, JCPenney's e-commerce storefront exceeded the one billion dollar revenue mark for the first time. At the same time in June, the company would sell off its shares of Lojas Renner, the Brazilian-based retailer, generating $ 260 million from the sale as it discontinued its operations with Renner and its Latin American footholds as well. In 2007, JCPenney launched

14388-583: The street. A common explanation for the unusually wide streets of Salt Lake City is that Brigham Young wanted a wagon with a team of oxen to be able to turn around. However, Young was never recorded giving this directive. Joseph Smith, founder of the Latter Day Saint movement, planned the layout in the " Plat of the City of Zion " (intended as a template for Mormon towns wherever they might be built). This plan included streets 132 ft (40 m) wide, and may be

14520-537: The summer of 2007, 9th and 9th saw sidewalk and street improvements as well as an art installation by Troy Pillow of Seattle, Washington inspired by the 9 Muses of Greek myth, thanks in part to a monetary grant from Salt Lake City. Many of the homes in the valley date from pre–World War II times, and only a select few areas, such as Federal Heights and the East Bench, as well as the far west side, including parts of Rose Park and Glendale, have seen new home construction since

14652-412: The temple was dedicated on April 6, 1893. The temple has become an icon for the city and serves as its centerpiece. The southeast corner of Temple Square is the point of reference for the Salt Lake meridian , and for all addresses in the Salt Lake Valley. During the winter of 1847, an outbreak of measles killed many of the Shoshone in the area. The Shoshone saved the pioneers when they taught them to eat

14784-581: The territorial legislature passed the Act in Relation to Service and the Act for the relief of Indian Slaves and Prisoners formally legalizing slavery in the territory. On June 19, 1862, during the American Civil War , Congress prohibited slavery in all US territories. Explorer, ethnologist, and author Richard Francis Burton traveled by coach in the summer of 1860 to document life in Great Salt Lake City. He

14916-677: The two, JCPenney also opened smaller stores under the JCPenney Collections name in a few malls such as Plaza Blok M . All stores of JCPenney Collections in Indonesia started planning to close down due to 1997 Asian financial crisis – with the JCPenney Collections store in Taman Anggrek closed in December 1997, and the May 1998 riots – with the Lippo Supermal store looted by mass and also exiting

15048-594: The valley. Many consider this some of the most desirable real estate in the valley. In addition to larger centers like Sugar House and Downtown, Salt Lake City contains several smaller neighborhoods, each named after the closest major intersection. Two examples are the 9th and 9th (at the intersection of 900 East and 900 South Streets) and 15th & 15th (at the intersection of 1500 East and 1500 South Streets) neighborhoods. These areas are home to foot-traffic friendly, amenities-based businesses such as art galleries, clothing retail, salons, restaurants and coffee shops. During

15180-423: The venues in Salt Lake City and Park City , and Rotary International chose the city as the host site of their 2007 convention, which was the single largest gathering in Salt Lake City since the 2002 Winter Olympics. The U.S. Volleyball Association convention in 2005 drew 39,500 attendees. In 2020, the city experienced a 5.7 magnitude earthquake , protests against the killing of Bernardo Palacios-Carbajal , and

15312-527: The vicinity of Salt Lake and the valleys to the west. The land was treated by the United States as public domain; no aboriginal title by the Northwestern Shoshone was ever ceded or relinquished by treaty with the United States. The first explorer of European descent in the Salt Lake area was likely Jim Bridger in 1825, although others had been in Utah earlier, including some who traveled as far north as

15444-564: The way for statehood in 1896, when Salt Lake City became the state capital. The First Transcontinental Railroad was completed in 1869 at Promontory Summit on the north side of the Great Salt Lake. A railroad was connected to the city from the Transcontinental Railroad in 1870, making travel less burdensome. Mass migration of different groups followed. Ethnic Chinese (who had laid most of the Central Pacific railway) established

15576-592: The western portion of 300 South, named "Adam Galvez Street" (for a local Marine corporal killed in action) or others honoring Rosa Parks , Martin Luther King Jr. , César Chávez , Harvey Milk , and John Stockton . These honorary names appear only on street signs and cannot be used in postal addresses. In the Avenues neighborhood , north–south streets are given letters of the alphabet, and east–west streets are numbered in 2.5-acre (1.0 ha) blocks, smaller than those in

15708-501: Was accepted the following year. In 1980, the company closed the unprofitable Treasury discount stores to focus resources on its core retail stores. In 1983, JCPenney discontinued its appliance, hardware, outdoor equipment, and auto center departments, and also sold its automotive centers to Firestone. Also in 1983, it began selling goods online through the Viewtron videotex service. That same year, fashion designer Roy Halston , signed

15840-626: Was also remodeled. The mall's original anchors were JCPenney , Mervyn's and May Company California . May Company became Robinsons-May in 1993. Macy's built a new store and opened as a fourth anchor in 2001. The Robinsons-May store became a Macy's in 2006, with the former Macy's building being remade into a Macy's Home store. Mervyn's went out of business in 2008 and became a Forever 21 in 2009. 34°02′09″N 118°05′02″W  /  34.0359°N 118.0839°W  / 34.0359; -118.0839 JCPenney Penney OpCo LLC , doing business as JCPenney and often abbreviated JCP ,

15972-494: Was announced that 21 stores, including the "Mother Store" in Kemmerer, Wyoming , would be auctioned off as part of the proceedings. On September 9, 2020, Brookfield Property Partners and Simon Property Group agreed to purchase JCPenney for about $ 800 million, including $ 300 million in cash and assuming $ 500 million of debt, which was later approved by the court on November 10, 2020. It had been established that once

16104-412: Was dedicated at Greater Chicago's Woodfield Mall in 1971. The Woodfield Mall store served as the largest in the chain until a replacement store opened at Plaza Las Américas in 1998, which is 350,000 square feet (33,000 m ) in size. On February 12, 1971, James Cash Penney died at the age of 95; the company's stores were closed the morning of his funeral on February 16. That year, the company adopted

16236-513: Was dropped from the city's name. Immigration of international members of the Church of Jesus Christ of Latter-day Saints (LDS Church), mining booms , and the construction of the first transcontinental railroad brought economic growth, and the city was nicknamed "The Crossroads of the West". It was traversed by the Lincoln Highway , the first transcontinental highway, in 1913. Two major cross-country freeways, I-15 and I-80 , now intersect in

16368-528: Was from City Creek . Subsequent development of water resources was from successively more southern streams flowing from the mountains east of the city. Some old irrigation ditches are still visible in the eastern suburbs, or are still marked on maps, years after they were gone. There are still some canals that deliver water as required by water rights. Many lots, in Salt Lake City and surrounding areas, have irrigation water rights attached to them. Local water systems, in particular Salt Lake City Public Utilities, have

16500-467: Was granted unprecedented access during his three-week visit, including audiences with Brigham Young and other contemporaries of Joseph Smith. The records of his visit include sketches of early city buildings, a description of local geography and agriculture, commentary on its politics and social order, essays, speeches, and sermons from Young, Isaac Morley, George Washington Bradley and other leaders, and snippets of everyday life such as newspaper clippings and

16632-466: Was located at Ala Moana Center , and closed in 2003, along with all remaining locations in the state, making Hawaii the only U.S. state to not currently have a JCPenney store. The Penney store at Plaza Las Américas mall in San Juan, Puerto Rico , which opened in 1968, featured three levels and 261,500 square feet (24,290 m ). It was the largest JCPenney until a 300,000-square-foot (28,000 m ) store

16764-596: Was located at Black Horse Pike Center in Audubon, New Jersey . The second full-line shopping center store was dedicated, at King of Prussia Plaza in King of Prussia, Pennsylvania in late 1962. Those stores expanded the lines of merchandise and services that an average J. C. Penney carried to include appliances, sporting goods, tools, garden\lawn merchandise, restaurants, beauty salons, portrait studios, auto parts, and auto centers. In 1962, J. C. Penney entered discount merchandising with

16896-519: Was paired with news that the retailer had suffered a 4% decline in same-store sales during the 2018 holiday quarter. On March 26, JCPenney announced the hiring of Bill Wofford as chief financial officer. Wofford came to the company from The Vitamin Shoppe , where he had served as CFO since June 2018. On May 21, JCPenney announced that Shawn Gensch would be the chief customer officer , to take effect on June 3. Gensch comes from Sprouts Farmers Market where he

17028-813: Was sold to where the current Toyota North America headquarters is now located. In February, JCPenney announced that it would shutter two distribution centers and up to 140 under-performing stores as it wrestled with disappointing sales. The company also planned to offer buyouts to roughly 6,000 employees. On March 17, JCPenney released a list of 138 locations that would close by the end of June. By closing stores and distribution facilities, JCPenney would redirect resources to help expand its store-in-store Sephora boutiques, and add Nike and Adidas boutiques, similar to what Macy's has done with Finish Line , Lids and LensCrafters . In an effort to capitalize on self-deprecating humor and improve its reputation, JCPenney collaborated with Nicole Richie and other designers to open

17160-698: Was the first time shares fell below $ 1 ever in the 110-year history of the company, which started trading on the New York Stock Exchange in 1929. The stock fell 68% over the course of 2018, including a 30% drop in December 2018 alone. On February 6, 2019, JCPenney said it would stop selling major appliances on February 28, and that furniture would be limited to online and stores in Puerto Rico. On February 28, JCPenney announced its intent to close 27 stores in 2019, including 18 full-line department stores and nine home-and-furniture stores. The closure announcement

17292-413: Was their CCO. Also on May 21, JCPenney announced a net sales decline of 5.6% and a net loss of $ 154 million for its fiscal first quarter of 2019, which ended on May 5. On January 19, 2020, JCPenney announced plans to close six stores. On March 15, 2020, when businesses were ordered to temporarily close in many states, the chain closed all of its stores and furloughed its employees. JCPenney became

17424-428: Was using " spamdexing " techniques to manipulate Google search rankings. Google reduced the company's visibility, and JCPenney fired its search engine consultant. In June 2011, Ron Johnson , former head of Apple's retail division, became JCPenney's CEO. That same year, the company sold its 15 remaining catalog outlets to SB Capital Group, converting them into JC's 5 Star Outlets. In December 2011, JCPenney purchased

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