Article: Market Commentary on J C Penney Corporation, Inc.

M2 PRESSWIRE-18 January 2007-Blue Chip News: Market Commentary on J C Penney Corporation, Inc(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:18012007

Market Commentary on J C Penney Corporation, Inc (NYSE:JCP)

J. C. Penney Company was created in early 2002 as a holding company for department store operator J. C. Penney Corporation, its wholly owned subsidiary, which exchanged the "Company" in its 89-year-old moniker for "Corporation" after the holding company was formed. J. C. Penney Corporation is one of the largest department store, catalog, and e-commerce retailers in the US. In 2004 J. C. Penney Company sold its Eckerd drugstores chain to The Jean ...

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