Exhibit 24.1 ------------ POWER OF ATTORNEY ----------------- KNOW ALL MEN BY THESE PRESENTS THAT each of the undersigned directors and officers of J. C. PENNEY COMPANY, INC., a Delaware corporation ("Company"), which will file with the Securities and Exchange Commission, Washington, D.C. ("Commission"), under the provisions of the Securities Act of 1933, as amended, amendments to the Registration Statements on Forms S-8 and S-3 listed on Annex A hereto (collectively, the "Registration Statements") relating to the registration of, as the case may be, (i) shares of Common Stock of 50(cent) par value of the Company, including the associated rights to purchase shares of Series A Junior Participating Preferred Stock, without par value of the Company, (ii) participation interests in each of (x) the J. C. Penney Company, Inc. Savings, Profit-Sharing and Stock Ownership Plan, and (y) the Eckerd Corporation 401(k) Savings Plan, and/or (iii) debt securities (which may include debt securities, together with warrants or other rights to purchase or otherwise acquire debt securities), hereby constitutes and appoints W. J. Alcorn, C. R. Lotter, and R. B. Cavanaugh, and each of them, his or her true and lawful attorneys-in-fact and agents, with full power to each of them to act without the others, for him or her and in his or her name, place, and stead, in any and all capacities, to sign said Registration Statements, which are about to be filed, and any and all subsequent amendments to said Registration Statements (including, without limitation, any and all post-effective amendments thereto), and to file said Registration Statements so signed, and any and all subsequent amendments thereto (including, without limitation, any and all post-effective amendments thereto) so signed, with all exhibits thereto, and any and all documents in connection therewith, and to appear before the Commission in connection with any matter relating to said Registration Statements, hereby granting to the attorneys-in-fact and agents, and each of them, full power and authority to do and perform any and all acts and things requisite and necessary to be done in and about the premises as fully and to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that such attorneys-in-fact and agents, or any of them, may lawfully do or cause to be done by virtue hereof. IN WITNESS WHEREOF, the undersigned have executed this Power of Attorney effective as of the 27th day of January, 2002. /s/ A. I. Questrom /s/ R. B. Cavanaugh __________________________________ _________________________________ A. I. Questrom R. B. Cavanaugh Chairman of the Board and Executive Vice President and Chief Executive Officer Chief Financial Officer (principal executive officer); (principal financial officer) Director /s/ W. J. Alcorn /s/ M. A. Burns __________________________________ _________________________________ W. J. Alcorn M. A. Burns Senior Vice President, and Director Controller (principal accounting officer) /s/ T. J. Engibous /s/ K. B. Foster __________________________________ _________________________________ T. J. Engibous K. B. Foster Director Director /s/ V. E. Jordan, Jr. /s/ J. C. Pfeiffer __________________________________ _________________________________ V. E. Jordan, Jr. J. C. Pfeiffer Director Director /s/ A. W. Richards /s/ C. S. Sanford, Jr. __________________________________ _________________________________ A. W. Richards C. S. Sanford, Jr. Director Director /s/ R. G. Turner __________________________________ R. G. Turner Director ANNEX A A. Registration Statements on Form S-8 registering securities issued pursuant to: 1. The J. C. Penney Company, Inc. Savings, Profit-Sharing and Stock Ownership Plan 2. The Eckerd Corporation 401(k) Savings Plan B. Registration Statements on Form S-8 registering securities issued pursuant to J. C. Penney Company, Inc.'s: 1. 1989 Equity Compensation Plan 2. 1993 Equity Compensation Plan 3. 1993 Non-Associate Directors' Equity Plan 4. 1997 Equity Compensation Plan 5. 2000 New Associate Equity Plan 6. 2001 Equity Compensation Plan C. Registration Statements Nos. 333-06883, 333-23339 and 333-57019 on Form S-3.