Salt Lake Telegram | 1936-04-20 | Page 11 | Penney Stores Make Record

PENNEY STORES MAKE RECORD Head of Company Is S. S L. L Visitor Reporting business of his concern last ast year was the greatest in Its history J. J C. C Penne Penney chairman of the he board and founder of the store system bearing his bis name was a aalt Salt alt Lake City visitor Monday He will remain here through Friday Friday Fri- Fri day ay when Founders Founder's day will be observed by the local store Similar observances will be held in Ogden Saturday and through the state the next ext two weeks The cash volume of business in our ur stores last year was or r more than in 1929 generally regarded as the peak year ear he said Mr Penney who lives at White Plains New York City retains an active part in affairs of the store stores s system stem which he founded at Kemmerer Kemmerer Kem- Kem Wyo in 1902 A former Salt Lake City resident he ie was meeting persons whom he knew when the system maintained its ts head offices here an jn 1909 before moving to New York City