Peebles (store)

Peebles
Department Store
Industry Retail
Headquarters Houston, Texas
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, Texas.

Peebles operates stores mainly in 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 on-trend 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.

A Peebles location in Michigan

History

After decades of expansion Peebles acquired the Nashville-based upscale Harveys Department Stores chain in September 1988, renaming the stores as Peebles.[1]

In 1998, Peebles purchased Watson's, a similar chain, 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.[2][3]

References

  1. ↑ "Business Brief: Investcorp". The Wall Street Journal. 20 September 1988. Retrieved 21 January 2016 – via Proquest. (Subscription required (help)).
  2. ↑ "Stage Stores to buy East Coast retailer for $167M". Houston Business Journal. 7 October 2003. Retrieved 21 January 2016.
  3. ↑ "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)).
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