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Peebles (store)

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Peebles (store)

Peebles was an American chain of department stores owned by Stage Stores, Inc. and headquartered in Houston, Texas.

Peebles operated stores mainly in the eastern and upper-midwestern United States areas of Alabama, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, New Hampshire, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Vermont, Virginia, West Virginia and Wisconsin.

The store specialized in retailing on-trend men's, women's, and children's apparel, accessories, cosmetics, footwear, and housewares. Brands exclusively found at Peebles included Valerie Stevens; Signature Studio; Sun River; Rustic Blue; Rebecca Malone; and Wishful Park.

Peebles was founded in 1891 by William Smith Peebles, who opened his first store in Lawrenceville, Virginia.

Peebles mainly concentrated on small towns that didn’t have department stores, thus avoiding bigger cities and higher rents.

In 1981 the company acquired The Collins Company, a line of mid-priced, comparable stores. Collins was based in Charlotte, North Carolina.

The family sold the company in 1986 for $85 million (~$206 million in 2024) to two investment banking firms and to Peebles’ senior management.

The company had been sold twice before Stage Stores acquired Peebles in 2003 when it was based in South Hill, Virginia. At the time, Peebles had more than 125 stores primarily in the Mid-Atlantic, Southeastern and Midwest states.

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