JCPenney, a department store, was founded by James Cash Penney in 1902 in Kemmerer, Wyoming. The company experienced financial difficulties in 2013 and was nicknamed “JCPenneystock” (penny stock) by the financial blog Zero Hedge in an April 8, 2013 tweet and in the May 1, 2013 story, “JCPenneystock: We Are Very, Very Sorry So Please Come Back And, Like, Buy Our Stuff.”
 
JCPenney has also been nicknamed “Jacques Penné.”
   
 
Wikipedia: J. C. Penney
J. C. Penney Company, Inc., commonly known as JCPenney (stylized as jcp and jcpenney) and formerly known as Penneys, is a chain of American mid-range department stores based in Plano, Texas. The company operates 1,107 department stores in all 50 U.S. states and Puerto Rico, and previously operated a catalog business and several discount outlets.[3] In addition to selling conventional merchandise, JCPenney stores often house several leased departments such as Sephora, Seattle’s Best Coffee, optical centers, portrait studios, and jewelry repair.
 
Twitter
zerohedge ‏@zerohedge 8 Apr
JCPenneystock
4:37 PM - 8 Apr 13
 
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Sam Ro
‏@bySamRo
RT @zerohedge: JCPenneystock
4:37 PM - 8 Apr 13
 
Zero Hedge
JCPenneystock: We Are Very, Very Sorry So Please Come Back And, Like, Buy Our Stuff
Submitted by Tyler Durden on 05/01/2013 21:31 -0400
After watching the following sad, humiliating, grovelling “ad” by JCP whose sole premise is to apologize (for what: being the vehicle though which Bill Ackman got to channel his “I know all about retail” hubris and arrogance and in the process destroying the company? for Corzining half of your investment in the company stock? for getting more infomercial time on CNBC than even the Federal Reserve?) to that handful of people who even care to watch it…