Davison's was an American department store chain founded in 1891 in Atlanta, Georgia, United States. It was a local institution, and competed with Rich's in the Atlanta market. Davison's expanded throughout Georgia and South Carolina. It was acquired by Macy's in 1925, and ultimately converted to Macy's in 1985.

Davison's first opened its doors in Atlanta in 1891 and had its origins in the Davison & Douglas company. In 1901, the store changed its name to Davison-Paxon-Stokes after the retirement of E. Lee Douglas from the business and the appointment of Frederic John Paxon as treasurer. In early 1927 the company dropped the "Stokes" to become Davison Paxon Co.

While rival M. Rich Brothers Dry Goods Company remained a family owned store, Davison-Paxon-Stokes was sold to R.H. Macy & Co. in 1925. By 1927, R.H. Macy built the huge Peachtree Street store, 200 Peachtree, which still stands today.

The downtown Davison's store was a classic example of a downtown shopping experience. The main entrance on Peachtree features a very stately marble-floored cosmetics and jewelry area, modelled after Macy's flagship store on Herald Square in New York. There is a mezzanine overlooking the level with escalators leading to that floor. A bank of elevators in the rear serves floors from the basement through the sixth floor. The mezzanine and the third floor connected with the parking garage across Carnegie Way. When the Westin Peachtree Plaza Hotel opened next door in 1976, an entrance connected the two buildings, although the difference in floor heights required several steps up from Davison's into the hotel.

Davison's was owned by Macy's for sixty years under its own name, and made no effort to disguise its affiliation with Macy's. Advertisements clearly stated "Davison's - a division of R.H. Macy & Co." and charge cards from Davison's were usable at Macy's and Bamberger's (and vice versa).

Over time, the Davison-Paxon Company name was shortened to simply Davison's. Not long after, the company embarked on an aggressive expansion plan across Georgia and South Carolina. Locations opened in the downtowns of Athens, Augusta, Macon and Columbus, as well as a store in downtown Columbia, South Carolina. During this time, Rich's remained exclusively in Atlanta. In Augusta, Davison's competed with the J.B. White chain and in Columbus, Kirven's was its main rival. In 1959, Davison's opened its first suburban location at Lenox Square mall along with Rich's.

Throughout the 1960s, Rich's began to very aggressively expand in the suburbs while Davison's remained a downtown player for the most part. However, Davison's did open one mall location at the now-demolished Columbia Mall (later known as Avondale Mall) near Avondale Estates. Davison's expanded once again in the 1970s and 1980s with locations at Cumberland, Southlake, Gwinnett Place, Shannon, Northlake and Perimeter Malls. New locations also replaced the downtown stores in all the other cities mentioned except Columbus, which faced stronger competition from regional chains. The Columbia store continued as the only downtown store (except for the headquarters Peachtree St. store) in the Macy's Atlanta division until it was forced to close in 1992 as part of the Chapter 11 reorganization. Today, it is the site of the Columbia Museum of Art. The new Davison's stores were typically white brick with small glass atriums at the entrance.

Davison's also sponsored the Egleston Children's Christmas Parade, whose route still passes the former downtown store location.