J.C. Penney Company, Inc.
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J.C. Penney Company, Inc.
Penney OpCo LLC, doing business as JCPenney and often abbreviated JCP, is a midscale American department store chain operating 667 stores across 49 U.S. states and Puerto Rico. Departments inside JCPenney stores include Mens, Womens, Boys, Girls, Baby, Bedding, Home, Fine Jewelry, Shoes, Lingerie, ''The Salon by InStyle'', ''Sephora inside JCPenney'', 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 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. In May 2020, JCPenney filed for Ch ...
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Aventura Mall
Aventura Mall is a shopping mall located in Aventura, Florida. It is the 5th largest mall in the United States by total square feet of retail space and the largest mall in Florida. The anchor stores are Bloomingdale's, Nordstrom, 2 Macy's stores, and JCPenney. The center is highlighted by a mix of over 300 stores. Aventura Mall has more than 50 eateries and restaurants, including Treats Food Hall, and the experiential Arts Aventura Mall program. The Brightline Aventura Station, now under construction, will be located adjacent to Aventura Mall on West Dixie Highway and will include a new pedestrian bridge over Biscayne Boulevard, providing riders direct access to the mall. History In April 1983, the Oxford Development Company, led by partners Donald Soffer, Edward J. Lewis, Mark E. Mason, Eugene Lebowitz, and Ray Parello officially dedicated Aventura Mall. There would be four anchors in the original, , complex: Lord & Taylor, JCPenney (opened April 28, 1983), Sears (opened J ...
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US Vision
U.S. Vision, a wholly owned subsidiary of Refac Optical Group, is an international optometric dispensary chain. The vast majority of these locations are leased spaces in large department stores, such as J.C. Penney, Boscov's and Meijer as well as AAFES, Military Exchanges. As of February 28, 2021 the Company had 373 locations in 44 states, consisting of licensed departments and freestanding stores. U.S. Vision deals mainly in prescription eyewear, contact lenses, and optometry offices. History In 1885, William Well and Charles Ochs opened a retail optical store in Philadelphia, Pennsylvania, that is still in operation today. With this as a beginning, other optical locations were purchased, starting the first optical store chain in the United States. In the early 1970s the company purchased Wall and Ochs, combined it with a manufacturing facility in Blackwood, New Jersey, and named the new combination of manufacturing and sales U.S. Vision. Location names U.S. Vision, b ...
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Walmart
Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores from the United States, headquartered in Bentonville, Arkansas. The company was founded by Sam Walton in nearby Rogers, Arkansas in 1962 and incorporated under Delaware General Corporation Law on October 31, 1969. It also owns and operates Sam's Club retail warehouses. Walmart has 10,586 stores and clubs in 24 countries, operating under 46 different names. The company operates under the name Walmart in the United States and Canada, as Walmart de México y Centroamérica in Mexico and Central America, and as Flipkart Wholesale in India. It has wholly owned operations in Chile, Canada, and South Africa. Since August 2018, Walmart held only a minority stake in Walmart Brasil, which was renamed Grupo Big in August 2019, with 20 percent of the company's shares, and p ...
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Des Moines, Iowa
Des Moines () is the capital and the most populous city in the U.S. state of Iowa. It is also the county seat of Polk County. A small part of the city extends into Warren County. It was incorporated on September 22, 1851, as Fort Des Moines, which was shortened to "Des Moines" in 1857. It is located on, and named after, the Des Moines River, which likely was adapted from the early French name, ''Rivière des Moines,'' meaning "River of the Monks". The city's population was 214,133 as of the 2020 census. The six-county metropolitan area is ranked 83rd in terms of population in the United States with 699,292 residents according to the 2019 estimate by the United States Census Bureau, and is the largest metropolitan area fully located within the state. Des Moines is a major center of the US insurance industry and has a sizable financial services and publishing business base. The city was credited as the "number one spot for U.S. insurance companies" in a ''Business Wire'' articl ...
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Sam Walton
Samuel Moore Walton (March 29, 1918 – April 5, 1992) was an American business magnate best known for founding the retailers Walmart and Sam's Club, which he started in 1962 and 1983 respectively. Wal-Mart Stores Inc. grew to be the world's largest corporation by revenue as well as the biggest private employer in the world. For a period of time, Walton was the richest man in America. Walton family, His family has remained the richest family in the U.S. for several consecutive years, with a net worth of around US$240.6 billion as of January 2022. Early life Samuel Moore Walton was born to Thomas Gibson Walton and Nancy Lee, in Kingfisher, Oklahoma. He lived there with his parents on their farm until 1923. However, farming did not provide enough money to raise a family, and Thomas Walton went into farm mortgaging. He worked for his brother's Walton Mortgage Company, which was an agent for Metropolitan Life Insurance, where he foreclosure, foreclosed on farms during the Great Dep ...
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Salt Lake City
Salt Lake City (often shortened to Salt Lake and abbreviated as SLC) is the Capital (political), capital and List of cities and towns in Utah, most populous city of Utah, United States. It is the county seat, seat of Salt Lake County, Utah, Salt Lake County, the most populous county in Utah. With a population of 200,133 in 2020, the city is the core of the Salt Lake City metropolitan area, 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–Provo–Orem Combined Statistical Area, Salt Lake City–Ogden–Provo Combined Statistical Area, a corridor of contiguous urban and suburban development stretched along a segment of the Wasatch Front, comprising a population of 2,746,164 (as of 2021 estimates), making it the 22nd largest in the nation. It is also the central core of the larger of only two major urban areas located within the Great Basin (the other being Reno, Nevada). Salt Lake C ...
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Evanston, Wyoming
Evanston is a city in and the county seat of Uinta County, Wyoming, United States. The population was 12,359 at the 2010 census. It is located near the border with Utah. History Evanston was named after James A. Evans, a civil engineer for the Union Pacific Railroad. Another source maintains it is named for John Evans, second Governor of the Territory of Colorado. The town was founded during the construction of the First transcontinental railroad. The railroad arrived in the area in November 1868, and Harvey Booth opened a saloon/restaurant in a tent near what is now Front Street. By December the rails had reached Evanston and the first train arrived December 16. However, orders were later handed down by the railroad managers to move the end of the line 12 miles west, to Wasatch. Within three days, most all of Evanston had moved to Wasatch, it appeared that Evanston would become another "end of the tracks" town. Luckily, in June 1869 headquarters returned to Evanston and it ...
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Colorado
Colorado (, other variants) is a state in the Mountain West subregion of the Western United States. It encompasses most of the Southern Rocky Mountains, as well as the northeastern portion of the Colorado Plateau and the western edge of the Great Plains. Colorado is the eighth most extensive and 21st most populous U.S. state. The 2020 United States census enumerated the population of Colorado at 5,773,714, an increase of 14.80% since the 2010 United States census. The region has been inhabited by Native Americans and their ancestors for at least 13,500 years and possibly much longer. The eastern edge of the Rocky Mountains was a major migration route for early peoples who spread throughout the Americas. "''Colorado''" is the Spanish adjective meaning "ruddy", the color of the Fountain Formation outcroppings found up and down the Front Range of the Rocky Mountains. The Territory of Colorado was organized on February 28, 1861, and on August 1, 1876, U.S. President Ulyss ...
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Hamilton, Missouri
Hamilton is a city in northern Caldwell County, Missouri, and is part of the Kansas City metropolitan area within the United States. The population was 1,690 at the 2020 census. It is known as the hometown of James Cash Penney, who built a large apparel-related business, J. C. Penney, and the hometown of Jenny Doan, who has built a large quilting-related business, Missouri Star Quilt Co. History Hamilton, Missouri owes its existence largely to the Hannibal & St. Joseph Railroad. Prior to 1854 the area around Hamilton was unsettled prairie land belonging to the U.S. Government. With the coming of the railroad, the Hamilton Town Company was formed to develop a tract of land along the rails. At first the name Prairie City was intended for the new community. However, Albert Gallatin Davis, a key member of the Town Company, chose Hamilton instead, in honor of two early Americans, Founding Father and first Treasury Secretary Alexander Hamilton, and Joseph Hamilton, an early Ame ...
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Golden Rule Store
Golden means made of, or relating to gold. Golden may also refer to: Places United Kingdom *Golden, in the parish of Probus, Cornwall *Golden Cap, Dorset *Golden Square, Soho, London *Golden Valley, a valley on the River Frome in Gloucestershire *Golden Valley, Herefordshire United States *Golden, Colorado, a town West of Denver, county seat of Jefferson County *Golden, Idaho, an unincorporated community *Golden, Illinois, a village *Golden Township, Michigan *Golden, Mississippi, a village *Golden City, Missouri, a city *Golden, Missouri, an unincorporated community *Golden, Nebraska, ghost town in Burt County *Golden Township, Holt County, Nebraska *Golden, New Mexico, a sparsely populated ghost town *Golden, Oregon, an abandoned mining town *Golden, Texas, an unincorporated community *Golden, Utah, a ghost town *Golden, Marshall County, West Virginia, an unincorporated community Elsewhere *Golden, County Tipperary, Ireland, a village on the River Suir *Golden Vale, Munster, ...
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Chapter 11, Title 11, United States Code
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to the ...
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