--- title: J.C. Penney Is Slashing Prices of Some Items to Just 1¢ description: The struggling retailer J.C. Penney hopes that discounting some items to a single penny will bring back customers. authors: - name: Denver Nicks url: https://money.com/author/denver-nicks/ at_money_since: 2015 articles: 60 covers: - Business - Banking - Career Advice - Credit Cards - Economy and Politics - Housing - Identity Theft - Insurance - Investing - Lifestyle - Loans - Personal Finance - Pets - Retirement - Shopping - Taxes social: - https://x.com/DenverNicks - https://plus.google.com/105122198911201917932 former_staff: true published: '2016-02-24T16:50:01.000Z' modified: '2024-05-16T10:57:54.000Z' section: Business tags: - deals - J.C. Penney - JC Penney - marketing - Penneys - pubdesk - Retail - sales - Shopping word_count: 226 canonical: https://money.com/jc-penney-cheap-prices-one-penny/ type: Article source: structured-blocks --- > **Disclosure:** Money may earn a commission when you click on the products and services below. Opinions are our own, but compensation and in-depth research determine where and how they appear. [Learn more](https://money.com/page/disclaimer/) about how we make money. ![In this February 19, 2015 photo, shoppers visit a J.C. Penney store in New York.](https://img.money.com/2016/02/160224_em_jcp.jpg?crop=0px%2C23px%2C2100px%2C1181px&quality=85) In a bid to bring shoppers back into its stores, struggling retailer J.C. Penney is finally becoming the kind of place you assumed it was when you were a little kid: a store that sells things for a single penny. With a new “Get your Penney’s worth” marketing campaign, J.C. Penney will be marking some items down to just 1¢, starting with items from it’s $1 billion Arizona brand, [reports Bloomberg](http://bizbeatblog.dallasnews.com/2016/02/j-c-penney-planning-to-sell-items-for-a-penny-as-part-of-its-new-marketing.html/). The retailer has had a tumultuous several years including the ouster of a short-lived CEO whose tenure included a [disastrous](http://business.time.com/2013/04/09/the-5-big-mistakes-that-led-to-ron-johnsons-ouster-at-jc-penney/) brand makeover as well as lawsuit for deceptive marketing tactics over discounting from artificially inflated prices. The hope with its new “Get your Penney’s worth” campaign is not just that it will drive foot traffic in its stores, but that it will entice customers into trying new products out. “We’re going to do it with items we’re proud of,” said Mary Beth West, J.C. Penney’s chief customer and marketing officer. The plan calls for some items to be sold on a buy one, get one for a penny basis, while others will cost one penny outright with no requirement for an additional purchase. Each store will have limited items available for a penny. It seems the retail chain James Cash Penney started back in 1902 may be living up to its name once again. \[[Bloomberg](http://bizbeatblog.dallasnews.com/2016/02/j-c-penney-planning-to-sell-items-for-a-penny-as-part-of-its-new-marketing.html/)\] ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/jc-penney-cheap-prices-one-penny/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Business", "item": "https://money.com/business/" }, { "@type": "ListItem", "position": 3, "name": "Retail", "item": "https://money.com/retail/" }, { "@type": "ListItem", "position": 4, "name": "J.C. 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Penney Is Slashing Prices of Some Items to Just 1¢", "articleSection": "Business", "image": [ { "@type": "ImageObject", "url": "https://img.money.com/2016/02/160224_em_jcp.jpg?crop=0px%2C23px%2C2100px%2C1181px&quality=85", "width": 1012, "height": 569, "caption": "160224_EM_JCP" } ], "author": [ { "@type": "Person", "name": "Denver Nicks", "url": "https://money.com/author/denver-nicks/", "@id": "https://money.com/author/denver-nicks/#author", "image": "https://img.money.com/2012/09/09_1165862081.jpg?quality=85&w=640&h=640&crop=1", "sameAs": [ "https://x.com/DenverNicks", "https://plus.google.com/105122198911201917932" ] } ], "publisher": "https://money.com/#organization", "datePublished": "2016-02-24T16:50:01.000Z", "description": "The struggling retailer J.C. Penney hopes that discounting some items to a single penny will bring back customers.", "abstract": "The struggling retailer J.C. 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