NEW YORK ( TheStreet) -- When the late, great James Cash Penney founded a store under his own name in 1902, in Kemmerer, Wyoming, he doubtless never imagined that over 110 years later people all over Wall Street would be fighting over his legacy.Penney himself was broken by the 1929 stock market crash, according to his Wikipedia biography, but he remained active after losing control of the company, reportedly even teaching a young trainee named Sam Walton on how to wrap packages with a minimum amount of ribbon in Des Moines, Iowa, in 1946.
The War Over J.C. Penney
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