Index_P


P

Parker, John, 82, 83
parochialism, 161
partnership concept, 30
and buying function, 145
fortunes made by, 41
and growth of company, 32
Pasch, Bob, 2
Patman, Wright, 73, 74
Penney, Berta Hess, 2, 21-23, 25-26, 32-34, 55
Penney, James Cash, 2
adaptation/execution of ideas by, 29
and attitude toward money, 7-9
and Berta's death, 34, 37
breakdown of, 55-60
buying expertise of, 31
cattle breeding by, 42
crisis of faith in, 59
criticisms of, 160
death of, 20
employees ' fund-raising for, 49-58
and failure of butcher shop, 24
formality of, 15-16, 21
as good judge of character, 15-19
and growth of chain, 38
in-company reputation of, 10
issues and ideas focus of, 34
at Johnson and Callahan's Golden
Rule stores, 21-27
marriages of, 26, 42n.3
and Maynard, 46
money borrowed by, 43
and move to New York City, 35 1920s lifestyle of, 42, 44
and partnership concept, 32
and The Penney Idea, 36-37
personality of, 28, 50
personnel choices of, 92-93
popularity of, 41
post-crash financial problems of, 51-53
reaction to credit issue by, 113-114
reputation of, 54-55
and retirees' criticism of Batten, 13-15
and rose bush sale, 83
in Salt Lake City, 32
and Sams's death, 91
self-doubt of, 21-23, 25
spending by, 41, 42
statue of, 229-230
and stock market crash, 42-44
suits tailor-made for, 19
as teacher by example, 16-19
and tipping , 8-12
and Torrey's advancement in company, 40-41
working hours of, 33
the Penney formula, 29
The Penney Idea, 36-37, 112
under Howell, 230-231
under Oesterreicher, 259-260
Peterson, Coleman, 234, 242
Pfeiffer, Jane, 128-129
philanthropy, 43, 54, 216
point-of-sale data, 113, 119, see also transaction recorder
Ponder, Michael, 3
Potts, Carl, 106, 107
Powell, Colin, 265
PriceWaterhouseCoopers, 265
Prindiville, Terry, 165
private brands/labels, 32, 42, 144
profit, customer value vs., 230-231
profit sharing, 15, 32
public stock, 42



Celebration of Fools. An Inside Look at the Rise and Fall of JCPenney
Celebration of Fools: An Inside Look at the Rise and Fall of JCPenney
ISBN: 0814471595
EAN: 2147483647
Year: 2003
Pages: 177
Authors: Bill Hare

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