Stage Stores, Inc. Corporate Office
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Type
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Public |
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Traded as | NYSE: SSI |
Industry | Retail |
Founded | 1988 (1988) |
Headquarters | Houston, Texas |
Key people
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Products | Apparel, Accessories, Cosmetics, Footwear, and Housewares |
Website |
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Stage Stores is a department store company specializing in retailing brand name apparel, accessories, cosmetics, footwear, and housewares throughout the United States. The corporate office is located in Houston, Texas.
Stage Stores operates 793 stores in 42 states under the Bealls, Palais Royal, Peebles, Stage, Gordmans, and Goody's nameplates.
The company operates stores primarily in Midwestern, Southeastern, Mid-Atlantic, and New England regions. Stores can be found in shopping malls and centers or in standalone locations.
In 2011, Stage Stores began a new chain called Steele's, but in March 2014 it was announced that these stores are being sold to Hilco Global.
Through the company’s “Community Counts” program, Stage Stores, Inc. gives back to the areas it serves and is actively involved in charitable causes, sponsorships, and associate volunteerism efforts. In March 2014, the company rolled out its “30 Days of Giving” initiative at all stores. The initiative resulted in nearly $1 million donated to over 700 local organizations.
The company unveiled its eCommerce website in 2010, www.stagestores.com where consumers can purchase apparel, accessories, cosmetics, footwear, and housewares.
Brands found exclusively at Stage Stores, Inc. family of department stores include Valerie Stevens; Signature Studio; Sun River; Rustic Blue; Rebecca Malone; and Wishful Park.
Stage Stores, Inc. is publicly traded on the NYSE as SSI since 2002.
Through a series of acquisitions the company has grown to 793 stores as of July 29, 2017.
In June 1992, Stage Stores, then known as Specialty Retailers, Inc. (SRI), acquired Colorado-based Fashion Bar, Inc., a family-owned business with 71 stores, most of which were comparable to Palais Royal and Bealls. The remainder were small specialty stores known as Stage Stores, which had already become part of SRI's operation.
In 1996, SRI completed the closure of the other Fashion Bar Stores but retained the Stage name. The company purchased the forty-nine stores of Beall-Ladymon, Inc., sold by company president Horace Ladymon. The outlets were located in Arkansas, Kansas, Louisiana, and Mississippi; they were reopened in 1994 under the "Stage" name.
Stage expanded into the Northwest with the acquisition in 1997 of C. R. Anthony Co. and Tri-North stores.
The company acquired Uhlmans in 1997 which brought Stage to Michigan, Illinois, and Indiana. All of these newly acquired stores, however, were closed by 1999 when Stage Stores filed for Chapter 11 bankruptcy. Closures as part of the bankruptcy included most of the former Fashion Bar, Milliken's, Tri-North, and Uhlman's stores, as well as an exodus from Wisconsin, Michigan, and Minnesota.
Stores with the Stage nameplate still operate in Arizona, Arkansas, Colorado, Iowa, Kansas, Louisiana, Missouri, Mississippi, and Oklahoma. Before the bankruptcy, Stage stores also operated in Alabama, Georgia, Idaho, Illinois, Indiana, Michigan, Minnesota, Montana, North Carolina, Ohio, Oregon, South Carolina, South Dakota, Washington, Wisconsin, and Wyoming.
In 2003, Stage Stores acquired 136 Peebles stores located in 17 states.
The company purchased the Goody’s name through the Goody’s bankruptcy auction in 2009. The nameplate was used in markets with a strong customer awareness and brand recognition of the name.
Stage Stores acquired Gordmans in 2017.
Stage Stores, Inc. has acquired many stores over the years, including the following:
2016-05-25 | Reiterated Rating | B. Riley | Neutral | $4.80 |
2016-05-20 | Lower Price Target | Telsey Advisory Group | Market Perform | $7.50 to $5.25 |
2016-05-20 | Reiterated Rating | B. Riley | Neutral | $4.80 |
2016-05-16 | Reiterated Rating | Sterne Agee CRT | Neutral | |
2016-03-07 | Reiterated Rating | B. Riley | Neutral | $6.25 |
2016-03-02 | Reiterated Rating | B. Riley | Neutral | $7.00 |
2015-11-23 | Reiterated Rating | B. Riley | Neutral | $7.00 |
2015-11-20 | Lower Price Target | SunTrust | Buy | $16.00 to $10.00 |
2015-11-20 | Lower Price Target | Nomura | Neutral | $15.00 to $7.00 |
2015-11-20 | Lower Price Target | SunTrust Banks Inc. | Buy | $16.00 to $10.00 |
2015-11-20 | Lower Price Target | Nomura Holdings Inc. | Neutral | $15.00 to $7.00 |
2015-11-19 | Downgrade | Telsey Advisory Group | Outperform to Market Perform | $15.00 to $7.50 |
2015-11-18 | Reiterated Rating | B. Riley | Neutral | $10.00 |
2015-09-21 | Reiterated Rating | B. Riley | Hold | $14.00 |
2015-08-26 | Reiterated Rating | B. Riley | Neutral | $14.00 |
2015-08-21 | Lower Price Target | SunTrust | Buy | $21.00 to $16.00 |
2015-08-21 | Downgrade | Bank of America | Buy to Underperform | $24.00 to $12.00 |
2015-08-21 | Lower Price Target | Telsey Advisory Group | Outperform | $21.00 to $15.00 |
2015-08-21 | Downgrade | B. Riley | Buy to Neutral | $20.00 to $14.00 |
2015-08-21 | Downgrade | Bank of America Corp. | Buy to Underperform | $24.00 to $12.00 |
2015-08-20 | Lower Price Target | Sterne Agee CRT | Neutral | $20.00 to $13.00 |
2015-08-13 | Downgrade | Sterne Agee CRT | Buy to Neutral | $23.00 to $20.00 |
2015-05-28 | Reiterated Rating | B. Riley | Buy | $20.00 |
2015-05-23 | Reiterated Rating | SunTrust | Buy | $25.00 to $21.00 |
2015-05-23 | Reiterated Rating | Nomura | Neutral | $20.00 to $19.00 |
2015-05-20 | Upgrade | Telsey Advisory Group | Market Perform to Outperform | $21.00 |
2015-05-20 | Upgrade | B. Riley | Neutral to Buy | $22.50 to $20.00 |
2015-05-18 | Reiterated Rating | Sterne Agee CRT | Buy | $25.00 to $23.00 |
2015-03-11 | Reiterated Rating | B. Riley | Neutral | $22.50 |
2015-03-04 | Lower Price Target | Telsey Advisory Group | Market Perform | $23.00 to $21.00 |
2015-03-04 | Reiterated Rating | B. Riley | Neutral | $22.50 |
2015-02-13 | Upgrade | Sterne Agee CRT | Neutral to Buy | $18.00 to $26.00 |
2015-01-16 | Reiterated Rating | B. Riley | Neutral | $22.00 |
2015-01-09 | Boost Price Target | Telsey Advisory Group | Market Perform | $21.00 to $23.00 |
2015-01-09 | Reiterated Rating | B. Riley | Neutral | $22.00 |
2014-11-20 | Upgrade | Telsey Advisory Group | Underperform to Market Perform | $18.00 |
2014-10-02 | Initiated Coverage | Sterne Agee CRT | Neutral | $16.00 |
2014-09-11 | Initiated Coverage | Credit Suisse | Neutral | $20.00 |
2014-09-11 | Initiated Coverage | Credit Suisse Group AG | Neutral | $20.00 |
2014-08-22 | Lower Price Target | Telsey Advisory Group | Not Rated | $21.00 to $18.00 |
2014-05-21 | Reiterated Rating | Nomura | Neutral | $24.00 to $20.00 |
2014-05-21 | Lower Price Target | Telsey Advisory Group | Not Rated | $25.00 to $21.00 |
2014-05-09 | Initiated Coverage | Bank of America | Buy | $23.00 |
2014-04-30 | Reiterated Rating | B. Riley | Neutral | $23.00 |
2014-04-29 | Downgrade | Northcoast Research | Buy to Neutral | $27.00 |
2014-03-07 | Boost Price Target | Telsey Advisory Group | Not Rated | $23.50 to $26.00 |
2014-02-12 | Initiated Coverage | Nomura | Neutral | $20.00 |
2013-11-22 | Lower Price Target | Telsey Advisory Group | Not Rated | $26.00 to $24.00 |
2013-09-30 | Downgrade | Buckingham Research | Buy to Neutral | |
2013-05-02 | Downgrade | B. Riley & Co. | Buy to Neutral | $34 to $32 |
2011-03-09 | Upgrade | Morgan Joseph | Hold to Buy | $22 |
2011-03-09 | Reiterated | Barclays Capital | Equal Weight | $18 to $20 |
2011-01-07 | Downgrade | Morgan Joseph | Buy to Hold | |
2010-01-25 | Upgrade | Morgan Joseph | Hold to Buy | $16 |
2009-07-14 | Initiated | Sun Trust Rbsn Humphrey | Buy | $14 |
2009-03-11 | Reiterated | Barclays Capital | Equal Weight | $5 to $8 |
2008-02-27 | Reiterated | Lehman Brothers | Overweight | $20 to $18 |
2007-08-24 | Reiterated | First Albany | Buy | $20 to $19 |
2007-06-08 | Reiterated | Morgan Joseph | Buy | $26 to $24.50 |
2007-02-02 | Initiated | Morgan Joseph | Buy | $26 |
2016-05-25 | Reiterated Rating | B. Riley | Neutral | $4.80 |
2016-05-20 | Lower Price Target | Telsey Advisory Group | Market Perform | $7.50 to $5.25 |
2016-05-20 | Reiterated Rating | B. Riley | Neutral | $4.80 |
2016-05-16 | Reiterated Rating | Sterne Agee CRT | Neutral | |
2016-03-07 | Reiterated Rating | B. Riley | Neutral | $6.25 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In SSI 0 funds of 2213 total. Show all
Fund name | Ticker shares |
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Name Relationship | Total Shares | Holding stocks |
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GLAZER MICHAEL L President & CEO | 4.91% (1560721) | SSI / |
Lawrence Steven Paul Chief Merchandising Officer | 0.87% (275505) | FRAN / SSI / |
RECORD EDWARD J COO | 0.48% (152913) | JCP / SSI / |
Montgoris William | 0.47% (148339) | SSI / |
Barocas Alan J | 0.38% (122399) | SSI / |
WEBER THORSTEN I EVP, Chief Merch. Officer | 0.38% (120645) | SSI / |
HESTERBERG EARL J | 0.36% (114400) | GPI / SSI / |
HUNTER STEVEN L EVP, Chief Information Officer | 0.32% (102420) | SSI / |
Shein Oded EVP, Chief Financial Officer | 0.30% (96300) | CONN / SSI / |
CROWLEY ELAINE D | 0.29% (92304) | SSI / |
LUCAS RON EVP, HR | 0.27% (84844) | SSI / |
REASOR CRAIG CLAYTON | 0.26% (82652) | PSXP / SSI / |
ELLIS DIANE MARIE | 0.26% (82195) | CHS / SSI / |
KRANC LISA R | 0.25% (80092) | SSI / |
LUNDY RUSS II EVP, Stores | 0.23% (72074) | SSI / |
Gentner William E EVP, Chief Marketing Officer | 0.17% (53986) | SSI / |
SCOZZAFAVA RALPH P | 0.16% (52439) | DF / SSI / |
STASYSZEN RICHARD E SVP, Finance and Controller | 0.15% (47334) | SSI / |
GRAY AMY B EVP, Chief HR Officer | 0.11% (33569) | SSI / |
REYNOLDS CHADWICK P SVP, CLO and Secretary | 0.09% (27501) | SSI / |
GREENE GABRIELLE E | 0.08% (26729) | BRX / SSI / WFM / |
Parsons Stephen B EVP, Chief HR Officer | 0.06% (20556) | SSI / |