JC Penney outlet stores were sold and renamed JC's Five Star Outlets in 2011. The renamed chain went out of business in 2013. The outlets carried overstock items, including furniture, apparel and housewares.Continue Reading
JC Penney's outlet stores opened in 1963 as a way to sell overstocked, outdated and slightly damaged goods. The company sold the outlets to SB Capital Group in 2011. By 2013, there were 15 JC's Five Star Outlet stores in 14 states. In 2015, JC Penney announced the closure of 39 department stores and the layoff of 2,200 workers.
JC Penney operates over 1,000 stores in the United States as of 2015. The company's official website carries clearance items that include home furnishing, apparel and personal care items. The company offers free shipping on orders over $99. JC Penney ships internationally, and it issues JC Penney credit cards and gift cards, which can be redeemed online or by in-store shopping.
James Cash Penney founded the company in Wyoming in 1902. By 1973, there were over 2,000 JC Penney stores in the United States. JC Penney became the largest catalog retailer in the United States in 1993. The company stopped its catalog business and closed all catalog stores in 2011, and it launched its Internet store in 1998.Learn more about Clothing