Herberger's
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| Subsidiary | |
| Industry | Retail |
| Founded | 1927 |
| Headquarters | Minnesota, United States |
Number of locations | 41 (2011)[1] |
| Products | Clothing, footwear, bedding, furniture, jewelry, beauty products, housewares |
| Owner | The Bon-Ton |
| Website | http://www.herbergers.com/ |
Herberger's is a regional department store chain founded in 1927 in Osakis, Minnesota, United States. Herberger's operates 41 stores in nine states; more than one third of them are in Minnesota, where the chain maintained its headquarters for much of its history. The chain was sold in the late 1990s amid growing consolidation in the department store industry, while continuing to operate as a separate nameplate and later sharing a corporate division headquartered in Milwaukee, Wisconsin, with Carson Pirie Scott, Bergner's and other regional chains by the close of the century. Since early 2006, Herberger's has operated as the Minnesota/Great Plains regional component of York, Pennsylvania-based The Bon-Ton, a major department store operator throughout much of the northern United States.
History
Herberger's began in Osakis, Minnesota, when G.R. "Bob" Herberger opened his first store in 1927. Herberger's was incorporated for the purpose of acquiring additional stores and expanding into other communities in 1943. By 1972, it grew to 11 stores in four states, with its headquarters in downtown St. Cloud, Minnesota. G. R. Herberger's, Inc., by then an employee-owned company, merged with Proffitt's Inc. in 1997 in stock deal valued at approximately $160 million.
As Proffitt's Inc. evolved into Saks Incorporated with the company's acquisition of Saks Fifth Avenue, Herberger's eventually became part of the corporation's Northern Department Store Group, an assortment of store locations initially acquired by Proffitt's Inc. as Carson Pirie Scott & Company. On October 31, 2005, Saks announced that it was selling Herberger's and its other Northern Department Store Group stores (Carson Pirie Scott, Bergner's, Boston Store, and Younkers) to Bon-Ton Stores in a $1.1 billion deal; the transaction was completed on March 6, 2006.[2]
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