Ivey's
Encyclopedia
Ivey's a former department store chain, was acquired by Dillard's
Dillard's
Dillard's, Inc. is a department store chain in the United States, with 330 stores in 29 states. Headquartered in Little Rock, Arkansas, Dillard's locations are concentrated in Texas and Florida; with a major presence in other states including Arizona, Iowa, Colorado, Wyoming, Kansas, Missouri,...

, Inc. in 1990. Ivey's was based in Charlotte, North Carolina
Charlotte, North Carolina
Charlotte is the largest city in the U.S. state of North Carolina and the seat of Mecklenburg County. In 2010, Charlotte's population according to the US Census Bureau was 731,424, making it the 17th largest city in the United States based on population. The Charlotte metropolitan area had a 2009...

, and was founded in 1900 by Joseph Benjamin Ivey.

History

Ivey's was purchased by Marshall Field's
Marshall Field's
Marshall Field & Company was a department store in Chicago, Illinois that grew to become a major chain before being acquired by Macy's Inc...

 in 1980. Marshall Field's itself would be purchased by BATUS Retail Group in 1982. Field's and its The Crescent
The Crescent
The Crescent was a small chain of department store founded and based in Spokane, Washington. Once a subsidiary of Marshall Field & Company, the chain was sold to BATUS Retail Group in 1982. BATUS renamed the stores Frederick & Nelson, the company's Seattle, Washington division, in 1988. Frederick...

, Frederick & Nelson
Frederick & Nelson
Frederick & Nelson was a department store chain in the northwestern United States, based in Seattle, Washington. Founded in 1891 as a furniture store, it later expanded to sell other types of merchandise. The company was acquired by Marshall Field & Company in 1929...

, and Ivey's divisions joined other BATUS divisions, Gimbel's
Gimbel's
Gimbel Brothers was an American department store corporation from 1887 through the late 20th century. The store is known for creating the Gimbels Thanksgiving Day Parade, the oldest parade in the country. Gimbels was also once the largest department store chain in the country...

, Kohl's
Kohl's
Kohl's Corporation is an American department store chain headquartered in the Milwaukee suburb of Menomonee Falls, Wisconsin, operating , 1,089 stores in 49 states. In 1998, it entered the S&P 500 list, and is also listed in the Fortune 500...

, and Saks Fifth Avenue
Saks Fifth Avenue
Saks Fifth Avenue is a luxury American specialty store owned and operated by Saks Fifth Avenue Enterprises , a subsidiary of Saks Incorporated. It competes in the high-end specialty store market in the Upper East Side of Manhattan, i.e. 'the 3 B's' Bergdorf, Barneys, Bloomingdale's and Lord & Taylor...

. BATUS sold Ivey's to Dillard's in 1990, prior to the sale of Marshall Field's to Dayton Hudson Corporation
Target Corporation
Target Corporation, doing business as Target, is an American retailing company headquartered in Minneapolis, Minnesota. It is the second-largest discount retailer in the United States, behind Walmart. The company is ranked at number 33 on the Fortune 500 and is a component of the Standard & Poor's...

. Ivey's typically offered more upscale merchandise than another North Carolina-based chain, Belk
Belk
Belk is a department store chain founded in 1888 in Monroe, North Carolina, today part of the Charlotte metropolitan area. After the founding of the first Belk store, the company grew in size and influence throughout the South via the chain in the USA, with its stores primarily located in the...

, which was a competitor to Ivey's in many Southern cities. The two chains were frequent neighbors at many malls and in many downtowns.

External links

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