J. C. Penney Company, Inc (NYSE: JCP; most commonly known toay by the name JCPenney or simply Penneys) is a mid-range chain of American department stores based in Plano, Texas, a suburb north of Dallas. The company operates 1,067 stores in 49 of the 50 U.S. states (except Hawaii) and Puerto Rico and the largest general merchandise catalog business in the United States.