JCPenney 2005 Annual Report Download

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page number l annual report 2005
J. C. Penney Company, Inc. l Annual Report 2005

Table of contents

  • Page 1
    J. C. Penney Company, Inc. l Annual Report 2005 page number l annual report 2005

  • Page 2
    ...Percentage of Sales $56 . 21 $3.83 8.4% 7.1% $2.20 $26.18 4.4% 3.9% 3.0% $0.58 $0.95 $1.20 $23.70 $19.39 $41.69 2001 2002 2003 2004 2005 2001 2002 2003 2004 2005 2001 2002 2003 2004 2005 Operating Profit Percentage of Sales Diluted Earnings Per Share-Continuing Operations Fiscal Year-End Stock Price

  • Page 3
    ... on brand consistency, from design and lifestyle marketing to point-of-sale support. This is a unique approach within the department store arena and one that is serving us very well. To our stockholders: Just over a year ago, our management team developed a Long Range Plan to move JCPenney from...

  • Page 4
    ... Times Square in New York City for three weeks in March 2006 to coincide with our exclusive retail sponsorship of the Academy Awards. Along with star-studded special events and a series of related promotions, the JCPenney Experience marked the largest branding event in our Company's 104-year history...

  • Page 5
    ...of new store growth. in closing...The past year was one of enormous accomplishment at our Company, due to the considerable efforts of our associates as well as of our esteemed Board of Directors. In 2005, our Board grew to include Mary Beth Stone West, a highly talented consumer marketing executive...

  • Page 6
    ... 6 02 03 07 08 10 12 14 15 16 17 18 19 performance and execution letter to our stockholders looking ahead connecting with our customer shopping experience great place to work store locations financial highlights corporate citizenship board and executive board responsibility stockholder information

  • Page 7
    ...where JCPenney is an easy and exciting place to: shop work invest Our Long Range Plan is " focused on serving our customers and growing our business. Working together, we will take our performance to an industry leadership level. - Mike Ullman Chairman of the Board and Chief Executive Officer " 7

  • Page 8
    winning private brands the heart of our heritage that develops customer loyalty. powerful marketing & advertising to make a bolder statement to America about what's new at JCPenney. quality & selection at smart prices by leveraging our strong sourcing and manufacturing capabilities. styles that ...

  • Page 9
    focus businesses maximize performance of our key businesses to attract our target customer. making an emotional connection with our customer inside " Understanding our " customer means understanding that she has many lives and many styles. - Ken Hicks President and Chief Merchandising Officer 9

  • Page 10
    inside making JCPenney an easy & exciting placetoshop connecting our channels: stores â- catalog â- internet the best combination of choice and convenience in the retail industry. newness & excitement in-store enhances the shopping experience through focused merchandise statements. 10

  • Page 11
    ... easy access to our wide assortment of merchandise. strengthen our market presence we expect to open 27 stores in 2006 - 20 in the customer-friendly, off-mall format. freedom of choice JCPenney gift cards make the shopping experience hassle-free - whether shopping in our stores, catalog, or at jcp...

  • Page 12
    attract, develop & retain the best people in retail combining the great JCPenney brand with an outstanding team of people, led by a focused leadership, creates the recipe for WINNING. creating a customer focused culture we are building a JCPenney that is positioned to not only listen and respond to...

  • Page 13
    ... of " everything, businesses depend totally on having a great team of engaged associates...- Mike Theilmann Executive Vice President, Chief Human Resources and Administration Officer " commitment to the vision at the January Store Managers Leadership Conference, everyone put their name on the line...

  • Page 14
    Puerto Rico Alaska JCPenney Store Store Distribution Center New Stores in 2005 inside growing strong Gross Sq. Ft. in millions Number of Stores Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine 14...

  • Page 15
    ... been open for 12 full consecutive fiscal months. New and relocated stores become comparable on the first day of the 13th full fiscal month. Comparable store sales are presented on a 52-week basis. (2) The Internet component of Direct sales increased 27.9%, 34.0%, 47.9%, 17.3%, and 10.6% for 2005...

  • Page 16
    ... through high-quality programs. Now the Fund is a national leader in generating support and awareness for afterschool initiatives. JCPenney is actively committed to good corporate citizenship. Go to www.jcpenney.net for more information about the Company's community relations and environmental...

  • Page 17
    ... process for periodic reports filed pursuant to the Securities Exchange Act of 1934 â- reviews internal audit reports on the adequacy of internal controls â- reviews the status of significant legal matters, the Company's ethics program, and the scope of the internal auditors' plans and budget...

  • Page 18
    ...communities we serve, while improving upon the economic development of diverse suppliers. Integral to our long-term success, diversity provides a broader business perspective and is the fabric of our Company. supplier legal compliance JCPenney has a comprehensive and effective program for promoting...

  • Page 19
    ... 10-Q â- Current Reports on Form 8-K contact information JCPenney Home Office 6501 Legacy Drive Plano, TX 75024 972-431-1000 Shopping www.jcp.com JCPenney Mailing Address J. C. Penney Company, Inc. P.O. Box 10001, Dallas, TX 75301-4314 Company information www.jcpenney.net Media Relations 972-431...

  • Page 20
    ... are involved in our communities we do this for our...customers We build lasting relationships by offering superior service and value shareholders We aspire to superior financial performance J. C. Penney Company, Inc. 6501 Legacy Drive Plano, TX 75024 jcpenney.net or jcp.com page number l annual...