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Show Penaey Conipairs Golden Jubiio'3 flow Is Underway E. J. Nixon, manager of J. C. Penney Company, announced today to-day the formal opening, Thursday, Thurs-day, April 17, of the Company's Golden Jubilee. "This is a great occasion for us, a time for celebration," he said. "In just 50 years this company com-pany has grown from a single, tiny store in Southwestern Wy- I oming to a great retail mer-I mer-I chandising organization the largest of its kind in the world with more than 1,600 stores and 70,000 associates serving nearly 40 million people. "That's a monumental achievement achieve-ment in which all of us can take pride. For vwhere else, but in our own United States of America, could such an achievement achieve-ment be possible? In the words inscribed on our medallion, the Penney Company has grown is growing with this nation. "Ours is a success story, not of one man alone, but of many men. Early in his career our founder, Mr. J. C. Penney, realized re-alized that he would succeed only if others found success with him. Eventually he became known as the "man with a thousand thou-sand partners" and thereby pioneered pi-oneered a profit-sharing idea which contributed much to' the company's success. "As our Jubilee gets underway, under-way, we believe our customers will benefit more than ever by the great values that have been planned for them. All the accumulated experience and 'know-how' of 50 years of successful suc-cessful merchandising have been brought into play to see that for our customers, as well as for ourselves, this will truly be a 'golden year.' " |