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The Decline of JCPenney...What Happened?

JCPenney is one of the largest, most well-known retailers to ever exist. Yet today, the 117 year old company is on the verge of going out of business. This video attempts to express the severity of their situation while explaining how it happened. Patreon:   / companyman   Twitter:   / mikecompany17   Website: https://companyman.squarespace.com Recent Video: Sears:    • The Decline of Sears...What Happened?   A big thanks to all of my Consultant level Patrons: Alejandro Vinas, Amy Westacott, Benjamin Thomas, Brian McClimans, Chris Lion-Transler, Cody Davis, Corey James Dzielinski, Cristian Smith, Devin Rosenthal, Dustin Van Horn, Erick McGraw, Garrick Kwan, Geoffrey Riccio, Gregory Estep, Jacob, Jacob Filmer, Jimmy1985, SuperWings AeroGlittetGel, Joshua W. Burt, Jsmooth, Kunwoo Kim, Marshall Kurtz, Matt Kovach, Matthew Manashe, Meow Wolf, MyNameIsKir, Nick Estorga, Robert Hamilton, Ryan Kelley, Ryan M Bagby, Sam Bennett, Sirpoptart, Sondre Grimsmo Sinnes, Specter Koen, Stewart Tritapoe, Super Duper Paratrooper, T. Wizzle, Thomas McGill, Tristan Williams, Victor Anne, Vincent Frame. Company Declines: Kmart:    • The Decline of Kmart...What Happened?   Blockbuster:    • The Decline of Blockbuster...What Hap...   RadioShack:    • The Decline of RadioShack...What Happ...   Solo Cups:    • The Decline of Solo...What Happened?   Toys "R" Us:    • The Decline of Toys R Us...What Happe...   hhgregg:    • The Decline of hhgregg...What Happened?   Pan Am:    • The Decline of Pan Am...What Happened?   ESPN:    • The Decline of ESPN...What Happened?   Gibson:    • The Decline of Gibson...What Happened?   iHeartMedia:    • The Decline of iHeartMedia...What Hap...   Bon-Ton:    • The Decline of Bon-Ton...What Happened?   Kodak:    • The Decline of Kodak...What Happened?   General Electric:    • The Decline of General Electric...Wha...   Woolworth:    • The Decline of Woolworth...What Happe...   Dell:    • The Decline of Dell...What Happened?   Sears:    • The Decline of Sears...What Happened?   Payless:    • The Decline of Payless...What Happened?   Hostess:    • The Decline of Hostess...What Happened?   Redbox:    • The Decline of Redbox...What Happened?   Nokia:    • The Decline of Nokia...What Happened?   ______________________________ Intro Made By -    / @jombo1