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In 1940, Sam Walton began working at a J. C. Penney in Des Moines, Iowa Walton later went on to found future retailer Walmart in 1962. 12 By 1941, J. C. Penney operated 1,600 stores in all forty eight states. In 1956, J. C. Penney began nationwide advertising with a series of advertisements in Life journal. J. C. Penney bank cards have been first issued in 1959.
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