Top JC Penney Competitors & Similar Companies
JC Penney is an American company. It was founded in 1902 by Jill Soltau. The number of locations are 864 and is present in 49 states in United States, Puerto Rico.
In any business, there are several companies & brands which compete with each other by offering similar products & services.
For any company to thrive, it is not only important for them to improve their own products, but to also look at what their competitor is offering.
Below we look at the top 9 competitors of JC Penney.
1. Walmart:
Walmart is the leading Multinational retail corporation founded in 1962, and incorporated in 1969, it is headquartered in Bentonville, Arkansas. The company is a family business because it is mainly controlled by the Walton family. Walmart company operates across the globe with over 11,500 retail units in 28 countries and as e-retailers in 11 countries.
2. Coles:
Coles is a chain of supermarkets based in Australia. Coles opened its first store in 1914 and completed 100 years in 2014. The chain has 1,00,000 employees working in 2,300+ outlets.
3. Kroger:
The Kroger Company is one of largest grocery vendors in United States. The company was founded by Bernard Kroger in 1883. The company has established its headquarters in Ohio.
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4. Target:
Target Corporation is one of the largest discount retailer and mass merchandiser in the United States. It offers everyday essentials at discounted prices. The company was founded by George Dayton in 1902 and was called “Goodfellow Dry Goods” at that time.
5. Amazon:
Having started its journey as online book seller, Amazon.com now can be called as global giant in online retail business. The founder of Amazon.com, Jeff Bezos attracted towards growth of internet reach in early 1990s and started this business in Seattle in 1995. Amazon is now a fortune five hundred company offering ecommerce, Prime Video, Amazon Music, AWS, Amazon Pay etc.
6. eBay:
eBay was found by Pierre Omidyar in 1993 in California. It rode high on the dot com bubble to become a raging success that it is now. eBay now is a multinational corporation serving nations across the globe through its website.
7. Kohl’s:
Kohl’s is one of the biggest competitors of JC Penney.
8. Dillards:
Dillards is one of the biggest competitors of JC Penney.
9. Macy's:
Macy’s Inc owns two divisions Macy’s and Bloomingdale’s, both of which are departmental stores. Macy’s was originally named RH Macy & Co after the founder Rowland Hussey Macy. Macy’s opened in 1858 as a small fancy dry goods store on the corner of a New York street.
To conclude, the above article highlights the various competitors which compete with JC Penney. This understanding helps to evaluate the various external business factors for any company.
Browse analysis of more brands and companies similar to JC Penney. This section covers many brands and companies.
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The names and other brand information used in the Competitors section are properties of their respective companies. The companies are not associated with MBA Skool in any way.
