Stage Stores Inc.
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Stage Stores, Inc. | |
Type | Public (NYSE: SSI) |
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Founded | 1988 |
Headquarters | Houston, Texas |
Key people | James Scarborough, CEO and Chairman |
Industry | Retail |
Products | Clothing, footwear, bedding, furniture, jewelry, beauty products, and housewares. |
Website | www.stagestores.com |
Stage Stores, Inc. is a department store company specializing mostly in retailing brand name clothing, accessories, cosmetics and footwear. The company operates stores mainly in small and mid-size towns and communities, primarily in Midwestern, Southeastern, and Mid-Atlantic states with a growing presence in the New England states. Stage Stores is currently headquartered in Houston, Texas and operates 656 stores under the Bealls,* Palais Royal, Peebles and Stage nameplates.
In 2000, Stage Stores filed for Chapter 11 bankruptcy. Closures part of the bankruptcy included most of the former Fashion Bar, Milliken's, Tri-North, and Uhlman's stores, as well as an exodus from Wisconsin and Minnesota.
*Bealls stores owned by Stage Stores are not related to a chain of department stores in Florida that operate under the Bealls name.
[edit] Acquisitions
Stage Stores, Inc. has acquired many stores over the years, including the following:
- Beall-Ladymon (Arkansas, Louisiana, Mississippi). Acquired in 1994, all stores converted to Stage.
- Milliken, Uhlman's (Illinois, Indiana, Michigan, Ohio). Acquired in 1996. In addition to the Uhlman's name, Uhlman's operated Milliken's stores in Michigan. All were re-named Stage, except for the former Milliken's stores in Michigan, which were re-named Stage-Milliken.[1]
- C.R. Anthony Co. (Montana, Idaho, Oregon, New Mexico, Oklahoma, Texas, Wyoming) Acquired 1997, most stores converted to Stage, while some Anthony's, such as those located in Amarillo, Texas, became Bealls locations.
- Tri-North (Idaho, Montana, Nevada, Oregon, Washington) Acquired 1998, all stores converted to Stage
- B.C. Moore & Sons, Inc., (Georgia, North Carolina, South Carolina). Acquired February 2006. By November 2006, 69 of these 76 stores were converted to the Peebles name and format, and the other nine were closed.
[edit] References
- ^ Stage/Milliken closing in next three months, Traverse City Record-Eagle, January 4, 2001.