Profile: Stage Stores Inc (SSI)
24 Apr 2014
Stage Stores, Inc. (Stage Stores) is a Houston, Texas-based retailer, which operates both department stores and off-price stores. Its department stores, which operate under the Bealls, Goody’s, Palais Royal, Peebles and Stage nameplates, offer apparel, accessories, cosmetics and footwear for the entire family. The Company also has an eCommerce Website. It offers brand name and private-label apparel, accessories, cosmetics and footwear. As of January 28, 2012, the Company operated 813 stores located in 40 states. Its average store size is approximately 18,500 selling square feet and approximately 87% of the Company's stores are located in strip shopping centers. An additional 10% of the Company's stores are located in local or regional shopping malls, while the remaining 3% are located in either free standing or downtown buildings. During the fiscal year ended January 28, 2012 (fiscal 2011), the Company opened a total of 37 new stores. The Company closed 10 stores during fiscal 2011. During fiscal 2011, the Company relocated 3 stores, expanded a store and remodeled 11 stores. The Company's principal focus is on consumers in small and mid-sized markets
The merchandise selection ranges from basics, including denim, underwear and foundations, to more upscale and fashionable clothing offerings. Merchandise mix may also vary from store to store to accommodate differing demographic, regional and climatic characteristics. Approximately 87% of sales consist of nationally recognized brands, such as Levi Strauss, Nike, Calvin Klein, Chaps, Izod, Dockers, Carters, Jockey, Estee Lauder, Clinique, Nautica, Skechers and New Balance, while the remaining 10% of sales consist of the Company’s private label merchandise. The Company is also focused on its cosmetics business. In fiscal 2011, the Company opened 10 Estee Lauder and 10 Clinique counters, bringing the total number of counters to 186 and 179, respectively. The Company's private label portfolio includes several brands, which are developed and sourced through its agreements with third party vendors.
As of January 28, 2012, the Houston Division was responsible for 490 stores located primarily in the South Central, Southeastern, Southwestern and Northwestern states, which bear one of all of the Company’s five nameplates of Bealls, Goody’s, Palais Royal, Peebles and Stage. The South Hill Division was responsible for 320 stores located primarily in the Mid Atlantic, Midwestern, Southeastern and Northeastern states, which bear the nameplates Goody’s, Peebles or Stage. The Steele’s Division was responsible for 3 stores, located in the South Central states of Louisiana and Texas.
As of January 28, 2012, the Company distributed all merchandise to its stores through three distribution centers located in Jacksonville, Texas, South Hill, Virginia and Jeffersonville, Ohio. The Company's Jacksonville distribution center has approximately 437,000 square feet of processing area, the South Hill distribution center has approximately 162,000 square feet of processing area, and the Jeffersonville distribution center has approximately 202,000 square feet of processing area. The Company's primary target customers are women who are generally 25 and older. The Company’s stores, of which all but 3 are leased, are primarily located in strip shopping centers.
Stage Stores Inc
10201 MAIN ST
HOUSTON TX 77025