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  In Kemmerer, Wyoming and was founded by James Cash Penney.
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  Penney moved his headquarters from Missouri to Salt Lake City, Utah to be closer to the banks and railroads.
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  The headquarters again moved this time to New York City to simplify financing and transporting goods.
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  With the opening of the 1,000th store the gross profit was roughly $190,000,000 (which would be roughly $2.71 billion today).
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  JC Penney began their advertisement in Life Magazine.
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  They began to relocate from downtown areas to shopping malls where they are mostly today.
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  The company finished their "national expansion' with the opening of their store in Honolulu, Hawaii (the stores in Hawaii were closed in 2003).
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  The company began to sell products online and gained their own website.
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  44 under preforming stores were closed.
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  1,600 workers were laid off due to decreasing success.