
Ivey's (J.B. Ivey & Company), a former department store chain, was acquired by
Dillard's
Dillard's, Inc. is an upscale American department store chain with approximately 282 stores in 29 states and headquartered in Little Rock, Arkansas. Currently, the largest number of stores are located in Texas with 57 and Florida with 42. The ...
, Inc. in 1990. Ivey's was based in
Charlotte, North Carolina
Charlotte ( ) is the List of municipalities in North Carolina, most populous city in the U.S. state of North Carolina. Located in the Piedmont (United States), Piedmont region, it is the county seat of Mecklenburg County, North Carolina, Meckl ...
, and was founded in 1900 by Joseph Benjamin (J. B.) Ivey.
History
J. B. Ivey opened the first Ivey's store on February 19, 1900, on North Tryon Street in Charlotte, North Carolina. The initial location, "one and half blocks from the town square," resulted in poor sales. Later in 1900, Ivey moved the store location to the first block of West Trade Street. The business grew and relocated to 13 North Tryon Street in fall 1914.
George M. Ivey, J. B. Ivey's only son, joined the company in 1920 and moved to convert the firm from a partnership to a corporation, which was completed in 1922. The company built a new store in Charlotte in 1924, which remained the only Ivey's store until 1935. Ivey's opened a store in Greenville, South Carolina, in 1935, and in Asheville, North Carolina, in 1937. Ivey's became a publicly-traded corporation in the 1940s.
Ivey's was purchased by
Marshall Field's
Marshall Field & Company (commonly known as Marshall Field's) was an upscale department store in Chicago, Illinois. Founded in the 19th century, it grew to become a large chain before Macy's, Inc acquired it in 2005. Its eponymous founder, M ...
in 1980. Marshall Field's itself would be purchased by
BATUS Retail Group
British American Tobacco US, mostly known for its acronym BATUS, was the US subsidiary of multinational company British American Tobacco (BAT), the world's second largest cigarette manufacturer. BATUS served as the U.S. holding company for BAT. ...
in 1982. Field's and its
The Crescent,
Frederick & Nelson, and Ivey's divisions joined other BATUS divisions,
Gimbel's
Gimbel Brothers (known simply as Gimbels) was an American department store corporation that operated for over a century, from 1842 until 1987. Gimbel patriarch Adam Gimbel opened his first store in Vincennes, Indiana, in 1842. In 1887, the compa ...
,
Kohl's
Kohl's (stylized in all caps) is an American department store retail chain, operated by Kohl's Corporation. it is the largest department store chain in the United States, with 1,165 locations, operating stores in every U.S. state except Hawa ...
, and
Saks Fifth Avenue
Saks Fifth Avenue (originally Saks & Company; colloquially Saks) is an American luxury department store chain headquartered in New York City and founded by Andrew Saks. The original store opened in the F Street shopping district of Washing ...
. BATUS sold Ivey's to Dillard's in 1990, prior to the sale of Marshall Field's to
Dayton Hudson Corporation
Target Corporation (doing business as Target and stylized in all lowercase since 2018) is an American big box department store chain headquartered in Minneapolis, Minnesota. It is the seventh largest retailer in the United States, and a compone ...
. Ivey's typically offered more upscale merchandise than another Charlotte-based chain,
Belk
Belk, Inc. is an American department store chain founded in 1888 by William Henry Belk in Monroe, North Carolina, with nearly 300 locations in 16 states. Belk stores and Belk.com offer apparel, shoes, accessories, cosmetics, home furnishings, ...
, which was a competitor to Ivey's in many Southern cities. The two chains were frequent neighbors at many malls and in many downtowns.
Locations
In 1975, Ivey's had 20 stores in the following locations:
''Florida''
* Clearwater
* Daytona Beach
* Jacksonville
* Merritt Island
* Orange Park
* Orlando
* Winter Park
''North Carolina''
* Asheville
* Chapel Hill
* Charlotte
* Gastonia
* Greensboro
* Raleigh
''South Carolina''
* Greenville
References
External links
The Ivey's Archive
I
Retail companies established in 1900
Retail companies disestablished in 1990
Companies based in Charlotte, North Carolina
Defunct department stores based in North Carolina
Defunct companies based in North Carolina
1900 establishments in North Carolina
1990 disestablishments in North Carolina
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