The holidays can be the most magical time of the year -- but they can also be the most stressful. Lucky for us, Nicole Richie and Michael Strahan are here to help, as ET teams up with JCPenney to make holiday shopping a little bit easier!

The stars celebrated the opening of Jacques Penné, a JCPenney holiday boutique, in New York City's Soho neighborhood last week, and also created special collections for the store.

"A lot of people call JCPenney 'Jacques Penné,' so they took a play on that and created this incredible pop-up," Strahan explained to ET. "You can go online to JacquesPenneJCP.com, and you can do virtual shopping as well. You can spin around the stores, do 360."

"It's all about getting all of your holiday gifts done in one place," Richie added, before showing off her selections for the holiday season. "I picked a cute pair of Vans, a Nike sweatshirt... If you got that, you'd be happy, right?"

"These are all things that are organic to my life and what I really use. I'm a father. I've got four kids, I can only get so much cologne, right?" Strahan joked. "I need some shirts, I need some ties, and my kids get tired of me traveling, so they make sure I do have the luggage I need when I do."

Richie's collection is one of the nine special curations featured in Jacques Penné, alongside exclusive items from Michael Strahan, Libby Edelman and the limited-edition capsule collection, Tracee Ellis Ross for JCPenney.