JCPenney reopens corporate headquarters in Plano (2024)

PLANO, Texas - JCPenney announced Thursday the reopening of its corporate offices at the Campus at Legacy West in Plano.

It’s welcoming back more than 2,000 associates to the same building the company operated for 28 years prior to the pandemic.

The new office is an open working environment designed to encourage collaboration among colleagues.

"We’re thrilled to continue our legacy here with a refreshed space that allows our associates and teams to feel empowered by offering updated workspaces that cultivate a culture of collaboration, while also giving associates control and flexibility in the way they work," said Marc Rosen, the company’s chief executive officer.

It also has some nice amenities for employees including two pickleball courts, an arcade, fitness centers and golf simulators.

JCPenney reopens corporate headquarters in Plano (2024)


Did JCPenney signal stability with move back into old Plano headquarters? ›

PLANO — JCPenney has moved back into its former headquarters in Plano and the permanent sign at the Legacy Drive entrance says JCPenney again. The retailer was one of the first companies to identify Plano as a corporate headquarters city when it decided to leave New York in 1987.

Is JCPenney moving back into headquarters? ›

JCPenney Corporate Headquarters Return to Campus at Legacy West in Plano. PLANO, Texas (July 20, 2023) – JCPenney announced today the reopening of its new corporate offices at the Campus at Legacy West (CALWest).

Where is the corporate headquarters for JCPenney? ›

JCPenney is headquartered in Plano, TX.

Is it JCPenney or JCPenney? ›

JCPenney is an iconic American retail company and key anchor store in shopping malls across the United States. JCPenney traces its origins back to April 14, 1902, when founder James Cash Penney and his partners opened the Golden Rule dry goods store in Kemmerer, Wyoming.

Will JCP survive? ›

JCPenney has around 670 stores today and has little debt for the first time in years. The company is owned by mall landlords Simon Property Group (SPG) and Brookfield Asset Management (BAM). The two firms rescued JCPenney out of bankruptcy for $1.75 billion in the fall of 2020.

What companies are moving to Plano? ›

Graze Inc., an autonomous lawnmower company, is the latest addition, announcing its move to Plano on Jan. 11. CCIntegration, Fisher Investments, SK Signet and QuickFee, among others, opened headquarters in the city last year.

When did JCPenney move to Plano? ›

Construction on the new company headquarters in Plano, Texas broke ground in 1990 and were completed in 1992. After Sears closed its catalog business in 1993, J. C. Penney became the last catalog retailer in the United States.

Why was JCPenney unsuccessful? ›

JCPenney has struggled with financial issues for years, including declining sales and mounting debt. These financial issues made it difficult for the company to invest in its stores and compete with other retailers.

Who owns JCPenney and Macy's? ›

Macy's is a publicly traded company, beholden to stakeholders including investors, employees and customers; J.C. Penney has been private since being purchased out of bankruptcy four years ago by Simon Property Group and Brookfield Asset Management; since then, brand management firm Authentic Brands Group has acquired ...

Is JCPenney older than Macy's? ›

Certainly there's lots to consider. I mean, both companies Macy's and JCPenney's both century-old companies. Macy's 165 years old, JCPenney's 121 years old. Now, both department stores really faced woes during the pandemic when e-commerce began to boom.

Who is the original owner of JCPenney? ›

JCPenney was founded in Kemmerer, Wyoming, in 1902 by James Cash Penney. The first store, named The Golden Rule, set the standard by which we have operated for over a century – to treat others as we would like to be treated.

Where does JCPenney get their clothes from? ›

With the exception of certain private brand window coverings, JCPenney does not manufacture any of the products that we sell. For our private brand merchandise, we source from suppliers that operate in or import from over 30 countries.

Why did JCPenney decline? ›

JCPenney has struggled with financial issues for years, including declining sales and mounting debt. These financial issues made it difficult for the company to invest in its stores and compete with other retailers.

What company bought out JCPenney? ›

J.C. Penney's retail arm was acquired through the bankruptcy court by Brookfield Asset Management and Simon Property Group. J.C. Penney emerged from bankruptcy in December 2020 with new owners, less debt and about 200 fewer stores.

Will JCPenney make a comeback? ›

JCPenney unveils plans for $1 billion remodeling of stores and website upgrade. JCPenney said Thursday it plans to spend more than $1 billion by the end of 2025 in a bid to revive the storied but troubled 121-year-old department store chain.


Top Articles
Latest Posts
Article information

Author: Nathanial Hackett

Last Updated:

Views: 6263

Rating: 4.1 / 5 (72 voted)

Reviews: 87% of readers found this page helpful

Author information

Name: Nathanial Hackett

Birthday: 1997-10-09

Address: Apt. 935 264 Abshire Canyon, South Nerissachester, NM 01800

Phone: +9752624861224

Job: Forward Technology Assistant

Hobby: Listening to music, Shopping, Vacation, Baton twirling, Flower arranging, Blacksmithing, Do it yourself

Introduction: My name is Nathanial Hackett, I am a lovely, curious, smiling, lively, thoughtful, courageous, lively person who loves writing and wants to share my knowledge and understanding with you.