Moving on to our last stop in WY Kemmerer is home to the first J.C. Penney Store. The 9 foot bronze statue of James Cash Penney stood in the lobby of the J.C. Penney headquarters in Texas for 30 years. Due to slumping sales and some poor management decisions the company closed about half of its stores and declared bankruptcy in 2020. Headquarters also moved to a smaller space to cut costs, but the statue was too large for the smaller quarters so it was donated to Kemmerer. The city decided to cover the cost of the move, and it now stands in Triangle Park across the street from the Mother Store. FYI: The two investors who purchased the company have decided to keep the remaining stores open for now.
|