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URL:  http://boards.fool.com/lets-remember-that-jc-penney-stores-started-30386266.aspx

Subject:  Re: JCP Is Sinking Date:  11/16/2012  8:43 PM
Author:  LLRinCO Number:  868778 of 886527

Let's remember that JC Penney stores started being the "Dollar Stores" of their time"

Not exactly, it started as a dry goods store (from their web site):

Modern jcpenney stores are a far cry from the small dry-goods store that James Cash Penney opened in Kemmerer, Wyoming in 1902. In those days, frontier miners and farmers and their families turned to jcpenney for blue jeans and other work clothes, shoes, fabrics and sewing needs. Today, busy working families turn to jcpenney in cities, towns and suburbs and to jcp.com for affordable fashions and home accessories.

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