The company opened its 500th store in 1924 in hamilton, missouri, james cash penney s hometown. This bookat once a biography of missouri farm boyturnedbusiness icon james cash penney and the story of the company he started in 1902brings to. 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. James cash 18751971american business executive who built the j. Penney company james cash penney jesus johnson keep knew living longmont look. Fear is the littledeath that brings total obliteration.
Nov 27, 2000 but leveraging a cash only policy was highly unusual for a store in a mining town. James cash penney wound up checking into the battle creek sanitarium. Whitepages people search is the most trusted directory. Penney was born on september 16, 1875, on his fathers farm near hamilton, missouri, united states. James cash penney opens his first store, called the golden rule store, in kemmerer, wyoming. May 24, 2018 genealogy for james cash penney, iii 1903 1938 family tree on geni, with over 190 million profiles of ancestors and living relatives. I love the story of the man who founded it, james cash penney, who happens to share my birthday. View the list education is the passport to the future, for tomorrow belongs to those who prepare for it today. Penney was raised in missouri by a father who doubled as a preacher and a farmer. Discover book depositorys huge selection of james cash penney books online. The word of the ascended masters is the ultimate authority in any question relating to truth. In the last decades of his life, james cash penney was a popular speaker and a respected author.
James cash penney was an entrepreneur who, in 1902, became a partner in a store he would later purchase from his partners. James cash penney was born on september 16, 1875 on a small farm outside of hamilton, missouri. Penney james cash dictionary definition penney james. Penney lived his early life by the golden rule and the influence was lifelong.
At age 8, young jim was told he would have to start buying his own clothes and earning his own money. James cash penney and the golden rule farnam street. Numerous and frequentlyupdated resource results are available from this search. Parker, 032010 legendary retailer gets another statue. September 16, 1875 february 12, 1971 was an american. Cash s father lived a christian life with abiding faith in the lord, living the golden rule, selfreliance, selfdiscipline and honor. Penney, james cash 18751971, papers, 19411970 c3260. Heres what he had to say about business principles and personal values. A cash only store cant do any business in kemmerer, confided pfeiffer. By following rigid economies and selling for cash, penney made substantial profits and eventually established a chain of such stores.
The jc penney company, long among the worlds largest department store chains, traces its roots to a oneroom shop in a small wyoming coalmining town. He was born in hamilton, missouri on september 16, 1875. Penney we honor james cash penney, who has ascended and become one with his beloved i am presence in the victory of the ascension. This bookat once a biography of missouri farm boy turnedbusiness icon james cash penney and the story of the company he started in 1902brings to light the littleknown agrarian roots of an american department store chain. The stores founder was james cash penney, a missourian born in 1875 who had moved west after his doctor suggested his health would benefit from the regions drier climate. Shortly after his sons birth, the elder penney, who combined occupations of stock farmer, primitive baptist preacher, and politician, moved his family to town so that his children could attend school. One of the nations most successful merchants and useful citizens is 80 years old today, james cash penney, whose stores are known to every state in the union. Penney was born on september 16, 1875, on a farm outside of hamilton, caldwell county, missouri. Aug 26, 20 ive been researching james cash penney and his history but i cant find anything on his children. Notable innovations and innovators along the route include samuel clemens, walt disney, general john blackjack pershing, sliced bread, the pony express, and hamiltons james cash penney. Cashs father lived a christian life with abiding faith in the lord, living the golden rule, selfreliance, selfdiscipline and honor. After graduating from high school, penney worked for a local retailer. The man, the store, and american agriculture, david kruger explores how the company, its stores, and founder james cash penney shaped rural america throughout the.
I love that he helped train subsequent giants including sam walton and warren buffett. His father was a primitive baptist pastor who came from kentucky to farm and teach gods word. He relocated to colorado at the advice of a doctor, hoping that a better climate would improve his health. Discover the family tree of james cash penney for free, and learn about their family history and their ancestry. He was the seventh of twelve children, only six of whom lived to adulthood, born to james cash penney, sr. Penney graduated from hamilton public high school in 1893. Penney peirce has 25 books on goodreads with 8899 ratings. Penney, james cash 18751971, papers, 18591944 c0384 this collection consists of pamphlets written by penney, including a brief outline of my early history and a tribute to my mother. Oclcs webjunction has pulled together information and resources to assist library staff as they consider how to handle coronavirus. James penney phone, address, background info whitepages. Cash only early in the spring of 1902, james cash penney walked into the first national bank of kemmerer and asked cashier frank pfeiffer to open a bank account for the new golden rule store. Penney company james cash penney jesus johnson keep knew. James cash penney entrepreneur was born in canada on a thursday, september 16, 1875. In 1922, the companys oldest active private brand, big mac work clothes, was launched.
Penney before profit sharing and employee ownership became heralded management techniques, james cash penney used them to build the. Highprofile christian business leaders investopedia. Jul 02, 2012 in 1907, when johnson and callahan dissolved their partnership, penney purchased full interest in all three locations. The best teamwork comes from men who are working independently toward one goal in unison. That same year penney formulated and put forth the penney idea outlining the companys motto as honor, confidence, service and cooperation.
In 1949, penney published a very slim book called my experience with the golden rule it didnt describe in detail his retail experience, but instead his thoughts. James cash penney, founder of jcpenny, valued leadership character. Much has been written about james cash penney as both a business genius and man of great influence during the 20th century. In depth view into jc penney book value per share including historical data from 1972, charts, stats and industry comps. Penney s been a survivor before learning from the markets past to understand its present.
Ive been researching james cash penney and his history but i cant find anything on his children. Reliable information about the coronavirus covid19 is available from the world health organization current situation, international travel. By the opening of the 1,000th store in 1928, gross. The bankers said he couldnt do it because he was up against a mining store that took credit, said wynn watkins, senior vice president and director of communications for j. James cash penney department store founder on this day.
And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else. After a career full of turbulence, james became manager of a golden rule store in evanston, wyoming. The company was founded by james cash penney in april 1902 and is headquartered in plano, tx. The newest store int he area will open tomorrow in lakeside shopping center. The seventh of 12 children of james cash and mary frances paxton penney, he was born sept. Browse the amazon editors picks for the best books of 2019, featuring our favorite reads in more than a dozen categories. Penney s founder, james cash penney, had an indelible impact on american society. May 25, 2017 by tracing that spirit to its agrarian source, and following it through the twentieth century, j. Penney chain and pioneered the practice of employee profitsharing.
His father was a hard shell primitive baptist preacher and farmer. Discover real james cash penney facts, biography, date of birth, and related news below. We promise to provide our patients with the ultimate care in endodontics. Penney, who came up through the store management ranks at the chain and is a 32year company veteran. Young penney wanted to be a lawyer but could not afford college tuition. He took out bank loans to finance his philanthropy, using company stock as collateral. The seventh of 12 children, only six of whom grew to maturity, j. The cowboy capitalist when a life insurer told james cash penney that overwork put him at risk, he stepped down as president of his company and toured the country. Connections on august 24, 1899, james cash penney married berta hess, whom he had met in longmont. James cash penney was born september 16, 1875, to mary paxton and james cash penney, sr. Now, for the first time, orlando tibbetts, a retired baptist minister, looks behind the scenes of this fascinating figure in american history and charts j.
The store is later turned into a chain of retail stores, called jcpenney. Rather the first store james cash penney opened was named in homage to the principles upon which one of the largest u. James cash penney has given his name to approximately 2,000 retail units in 49 of the 50 states, including alaska, hawaii and puerto rico. James cash penney, jr 18751971 find a grave memorial. Apr 28, 2010 james cash penney yes, that was his full name learned about faith and business from his father, who served as the pastor of a small primitive baptist church in hamilton, missouri, and struggled to make a living off the family farm. James cash penney yes, that was his full name learned about faith and business from his father, who served as the pastor of a small primitive baptist church in hamilton, missouri, and struggled to make a living off the family farm. For medical reasons he moved to colorado in 1897 and was soon hired by local drygoods. After each one was overcome, i became stronger and more able to meet those that were still to come. By 19 penney had headquartered his operation in utah, and under utah law he was required to change the name of his stores. September 16, 1875 february 12, 1971 was an american businessman and entrepreneur who. The golden rule in everyday living penney, james cash, poling, daniel a.
He is a virgo and was born in the year of the pig wellnamed entrepreneur who started the j. Penney acquired the crescent corset company in 1920, the companys first wholly owned subsidiary. James cash penney was not a bible scholar, but he loved the lord and tried to honor him as his life developed. The seventh of 12 children, only six of whom grew to maturity. Penney papers a guide to the collection ut libraries.
The man, the store, and american agriculture provides a new perspective on this american cultural institutionand on its founders unique brand of american capitalism. He was the seventh of 12 children, only six of whom lived to adulthood. Penney was born in 1875 on a farm just outside of hamilton in caldwell county, missouri. This includes delivering the highest quality of care to our. James cash penney quotes i do not believe in excuses.
Jcpenney founder james cash penney on business principles. Feb 28, 20 here we provide ten quotes from james cash penney that offer valuable lessons to every business leader in the retailing sector. Penney s father was a farmer and unpaid baptist minister who taught his children to believe in the golden rule do unto others as you would have them do unto you. J c was three years old when his family moved to hamilton missouri. Penney was born on september 16, 1875, on his fathers farm near hamilton, missouri. View phone numbers, addresses, public records, background check reports and possible arrest records for james penney.
Penney was originally the work of a man named, appropriately, james cash penney. The statue of james cash penney statue stands in front of town hall. By 1912, penney had 34 golden rule stores in the rocky mountain states. For medical reasons he moved to colorado in 1897 and was soon hired by local drygoods merchants guy johnson. Fifty years with the golden rule james cash penney. The missouri transportation department has designated us route 36 as the the way of american genius. In 2007, jcpenney introudced sephora stores inside of many larger jcpenney stores. Penney here are 4 fun facts you probably didnt know about the troubled retailer. Mar 28, 2019 the first retail store opened by james cash penney was not named jcpenney, in homage to its founder.
Penney, merchant who established one of the largest chains of department stores in the united states. Penney opens his first store, the golden rule store, in kemmerer, wyoming. His father was a poor farmer and a baptist minister, although he did not get paid for it. Cashing in on life lessons of j c penny my crazy thoughts. It is always the start that requires the greatest effort. James cash penney bio, facts, family famous birthdays. Penney, merchant and chain store executive, was born james cash penney, jr.
90 319 12 1272 435 1229 641 1512 1110 377 509 1473 1091 250 1302 100 694 794 255 1132 1460 521 1263 237 784 1179 1250 494 504 297 73 752