Stage Stores, Inc. will open a Peebles department store in Ticonderoga Aug. 23. The former Grand Union building will house the store.
Peebles will open in Ticonderoga Thursday, Aug. 23.
A ribbon cutting has been scheduled for 8:45 a.m. that day in the former Grand Union building at the intersection of Routes 9N and 74. There will also be a series of sales and promotional events throughout the store’s opening weekend.
“Ticonderoga deserves a hometown store that delivers great fashion brands at great prices. Peebles is that store,” said Michael Glazer, president and CEO of Stage Stores Inc., the parent company of Peebles.
Glazer said Peebles will offer clothing, accessories and cosmetics for juniors and women as well as a wide range of men’s and children’s apparel.
Peebles will be open Thursday, Friday and Saturday 9 a.m. to 9 p.m. and Sunday noon to 6 p.m. during its grand opening weekend. After that the store will be open 10 a.m. to 9 p.m. Monday through Saturday and noon to 6 p.m. on Sunday.
To celebrate its opening Peebles will give its first 100 customers free tote bag. Customers can also register at the store to win two $250 gift cards. There will also be a 20 percent off coupon in the Times of Ti and a $10 “bounce back” on purchases of $50 or more.
Radio station WVTK 92.1 FM will broadcast live from the new store Friday, Aug. 24, 11 a.m. to 1 p.m.
The store will hire 6 to 12 associates, plus a store manager.
The Houston-based Stage Stores 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.”
Ticonderoga Supervisor Deb Malaney is pleased Peebles is coming to Ticonderoga. She noted the store considered the community about six years but decided against coming at that time.
“Peebles has about 800 stores in small towns and communities throughout the U.S.,” Malaney said. “They will be an excellent fit for Ti and the market area we serve and we will be very happy to have them open here.”
Peebles 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.