JCPenney 2002 Annual Report Download - page 3

Download and view the complete annual report

Please find page 3 of the 2002 JCPenney annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 48

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48

OUR BUSINESSES
Department Stores and Catalog (including Internet) is
comprised of 1,049 domestic and international JCPenney depart-
ment stores, located throughout the United States, as well as
Puerto Rico and Mexico. Virtually all store locations have catalog
desks. JCPenney Catalog, including the Company’s web site,
jcpenney.com, is the nation’s largest catalog merchant of general
merchandise. The Company also operates 54 Renner department
stores in Brazil. Merchandise offerings for Department Stores and
Catalog consist of family apparel, jewelry, shoes, accessories and
home furnishings. In addition, through its department stores, the
Company offers services including full-service salons, optical, por-
trait photography and custom decorating.
Eckerd Drugstores operates 2,686 drugstores throughout the
Southwest, Southeast, Sunbelt and Northeast regions of the
United States. Eckerd sells pharmaceutical and related products,
over-the-counter drugs and general merchandise such as photo
processing services, household and beauty products, snacks, vita-
mins and baby products.
CONTENTS
1Letter to Stockholders
3Strategic Initiatives and Financial Goals
4Management’s Discussion and Analysis
17 Company Statement on Financial Information and
Independent Auditors’ Report
18 Consolidated Statements of Operations
19 Consolidated Balance Sheets
20 Consolidated Statements of Stockholders’ Equity
21 Consolidated Statements of Cash Flows
22 Notes to the Consolidated Financial Statements
39 Quarterly Data
39 Five-Year Financial Summary
40 Five-Year Operations Summary
41 Supplemental Data
42 Corporate Governance
42 Corporate Citizenship
43 Other Corporate Information
44 Board of Directors and Executive Committee
For additional information on Company directors, board
committees, executive compensation and audit fees, see the
2003 J. C. Penney Company, Inc. Notice of Annual Meeting and
Proxy Statement under separate cover.