Wednesday, October 14, 2009

Goody's or Peebles Opening Soon?

Stage Stores, Inc. operates under the Bealls, Palais Royal, and Stage names throughout the South Central states, and under the Peebles and (now) Goody's name throughout the New England, Mid-Atlantic, Southeastern, and Midwestern states. They purchased the Goody’s chain assets in early-2009, according to company-provided information.

One of these names, but likely Peebles in my estimation, will operate out of the old Goody’s location in Linton. They may re-open under Goody’s, but I’m thinking that it would be best to open under a new nameplate, such as Peebles. More info on Peebles can be found here: http://www.peebles.com/

In a September release, however, the Company stated, “The Company expects to open an additional eight new stores during the next three months, six of which will be opened under the Goody’s name.” I’m hoping one of the unnamed six is in Linton, but that would make my guess on the nameplate wrong. Linton may not be one of these six too. Only time will tell, I suppose. Most recently, they opened Goody’s stores in Martinsville & Princeton, according to August & September 2009 press releases, so hopefully they are closing in on the Linton location soon.

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