Peebles (store)
 | |
| Department Store | |
| Industry | Retail |
| Founded | Lawrenceville, Virginia (1891) |
| Products | Apparel, accessories, cosmetics, footwear, and housewares |
| Parent | Stage Stores, Inc. |
| Website | www.stagestores.com |
Peebles is a United States chain of department stores owned by Stage Stores, Inc. and headquartered in Houston, TX.
Peebles operates stores mostly in small to medium-sized areas of the eastern and upper-midwestern United States areas of Alabama, Mississippi, Georgia, North Carolina, Tennessee, Kentucky, Virginia, Florida, West Virginia, Ohio, Indiana, Michigan, Illinois, Wisconsin, Minnesota, Iowa, Pennsylvania, Maryland, Delaware, New Jersey, New York, Connecticut, Massachusetts, New Hampshire, and Vermont.
The store specializes in retailing desirable brand name men's, women's and children's apparel, accessories, cosmetics, footwear and housewares.Brands exclusively found at Peebles include Valerie Stevens, Signature Studio, Sun River, Rustic Blue, Rebecca Malone and Wishful Park.
History
The company's first store was opened in Lawrenceville, Virginia, in 1891 by W.S. Peebles, Sr., the company's founder.[1]
Peebles acquired the nine-store Harvey's Department Stores chain in September 1988.[2]
In 1998, Peebles purchased Watson's, a similar chain based in Knoxville, Tennessee, later renaming all the Watson's stores as Peebles.
Houston-based Stage Stores purchased Peebles for $167 million in cash and $46.9 million in debt in 2003.[3][4]
References
- ↑ Peebles - Company history
- ↑ "Business Brief: Investcorp". The Wall Street Journal. 20 September 1988. Retrieved 21 January 2016 – via Proquest. (subscription required (help)).
- ↑ "Stage Stores to buy East Coast retailer for $167M". Houston Business Journal. 7 October 2003. Retrieved 21 January 2016.
- ↑ "Retailer Peebles to Be Acquired For $167 Million Plus Debt". The Wall Street Journal. 8 October 2003. Retrieved 21 January 2016 – via Proquest. (subscription required (help)).