Stage Stores, Inc. is in discussions that could lead to the opening of a Peebles in Ticonderoga. The former Grand Union building has been mentioned as a possible location.
Ticonderoga could soon have a new department store.
Stage Stores, Inc. is in discussions that could lead to the opening of a Peebles in the community.
The Houston-based company operates more than 800 stores under the Bealls, Goody’s, Palais Royal, Peebles and Stage trade names.
According to the company website, Stage Stores “brings moderately-priced, nationally-recognized brand name and private label apparel, accessories, cosmetics and footwear for the entire family to small and mid-size towns and communities across 40 states.”
Kathy Castro, media planner for Stage Stores, said the company is not yet ready to make an announcement about a possible Ticonderoga store.
Deb Malaney, Ticonderoga supervisor, said she understands the company is considering placing a Peebles in the former Grand Union building located at the intersection of Routes 9n and 74.
“I heard it was the old Grand Union, but there’s no confirmation yet,” Malaney said.
The supervisor cautioned the Peebles is not a done deal.
“I try not to get too exuberant until it’s official,” she said. “I recall them looking at Ti about six years ago and recently heard they were looking at us again, but have not heard of any formal commitments.
“Peebles has about 800 stores in small towns and communities throughout the U.S.,” Malaney said. “They would be an excellent fit for Ti and the market area we serve and we would be very happy to have them open here.”
The Stage Stores website claims, “We bring the latest in designer brands to small town America. Selection. That’s what we’re all about. Our specialty is bringing nationally-known, brand-name apparel, accessories, footwear and cosmetics to small towns and communities throughout the U.S.”
It lists its brands as adidas, Sun River, U.S. Polo Assn, Elizabeth ArdenChaps, Hannah, New Balance, nautica, Levi’s, Company8, Dockers, Specialty Girl,Calvin Klein, Lee, Carter's, j.h. collectibles, Estee Lauder, Graphite, Wihul Park, naturalizer, Nike, South Pole, Clinique, Skechers, easyspirit, VanHeusen, Ruby Rd., Union Bay, Chaus, alfred dunner, Clark’s, BareTraps, Champion and Gloria Vanderbilt.
An average store size is 18,350 selling square feet. In fiscal year 2010 the company had sales of approximately $1.5 billion. It has approximately 13,000 employees.
“The company believes that it has developed a unique retailing concept and niche in these markets by offering a broad range of nationally recognized brand name merchandise with a high level of customer service in convenient locations,” according to the Stage Stores website.
The company generally locates in areas with a population of 20-30,000 within a 10-mile radius, 20-30 miles away from a competitor department store and near a national discount retail store.
The Ticonderoga area is on the low side of Stage’s population target, but its well removed from other department stores and has Wal-Mart located about a quarter mile from the former Grand Union building in Ticonderoga.