| Show the J 0 penney co warehouse in st louis to be distributing point plans for the establishment in st louis of a general distribution center for the J C penney company nationwide organization of department stores were announced today by mr olen glen 0 white director in charge of the heal real estate department the total investment of the J C pi pinney aney company in the st louis louls warehouse iiii be approximately this estimate to include both land and building A plot of ground vm purchased for the site it includes on an entire city block with the exception of the cor ner occupied by the columbia al ill company this Is regarded as an unusually good location as it Is convenient to transportation centers and Is in the midst of a rapid growing district which promises a considerable inar ase in land values the building will be twelve stories liidi and will have a floor space of square feet construction will sill start the first part of march this Is the second warehouse to be established by the company in the last two years the new york warehouse costing was corn in Jai valuary Ja luary uary 1920 1926 when the rapid expansion of the company made it essary to esA establish blish a distribution center outside of new york st louis already the center of the company s shoe and leather goods buying w was the logical choice it further establishes tab lishes st louis as an ideal distribution center tor for their nearly one thousand stores distribution through the st louis L warehouse will mean a saving from two to ten days in transit time for shipments to western stores through it will be handled all tapes of merchandise sold in the J C penney company stores with ith the exception of ready to wear which will continue to be distributed tri buted exclusively from new york |
