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Gayfers

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Gayfer's
Company typeDepartment store
IndustryRetail
Founded1879; 147 years ago (1879)
DefunctTemplate:End date and age
FateAcquired by Dillard's, Inc
HeadquartersMobile, Alabama
ProductsClothing, footwear, bedding, furniture, jewelry, beauty products, and housewares.
ParentFormerly Mercantile Stores Company, Inc. (1950–1998)
WebsiteNone

Gayfer's was a department store chain serving the southern region of the United States. Headquartered in Mobile, Alabama, the company operated from its founding in 1879 until its acquisition by Dillard's in 1998.

History

Following the conclusion of the American Civil War, C.J. Gayfer relocated from Southwold, England, to Mobile, Alabama. In 1879, he established a retail department store in downtown Mobile under the Gayfer's name. By the time of his passing in 1915, the business employed approximately 150 staff members and recorded annual revenues exceeding $500,000 (~$Template:Format price in Template:Inflation/year). Gayfer earned recognition for his philanthropic efforts and was among the early advocates for providing health care benefits to employees.[1]

File:Gayfers.png
Long-standing classic logo

In the 1950s, Gayfer's became part of the Mercantile Stores group, which initiated an aggressive expansion strategy for the chain. The company launched its first branch location in 1956 at Town & Country Plaza in Pensacola, Florida. This expansion was followed by the opening of a flagship store at Springdale Plaza in Mobile four years later. The original downtown Mobile location ceased operations in 1985.[2]

The chain extended its reach to the Western Gulf Coast in 1963 with a new store at Edgewater Plaza Shopping City (later known as Edgewater Mall) in Biloxi, Mississippi. This particular store underwent enlargements in both 1974 and 1987. It sustained significant damage during Hurricane Katrina in 2005—by then operating as a Dillard’s—and required reconstruction. In 1969, Gayfer’s opened another outlet in Tuscaloosa, Alabama.

In 1970, the company officially removed the apostrophe from its name.[2] That year marked a period of considerable growth with new stores inaugurated in Montgomery, Alabama—following the acquisition of Montgomery Fair—as well as locations at Jackson Mall in Jackson, Mississippi and construction commenced on a second Pensacola store at Cordova Mall.

Over the next two decades, Gayfer’s continued to open new stores and renovate existing ones. By 1981, it operated eighteen stores under its brand. The flagship Springdale Plaza location expanded to 285,000 square feet (26,500 m2) by 1989. In February 1992, Mercantile Stores acquired Maison Blanche and rebranded their Orlando (Altamonte Fashion Square), Daytona Beach (Volusia), and Jacksonville (Roosevelt, Regency, Orange Park, Avenues) outlets as Gayfer’s. This transformation positioned Gayfer’s as one of the largest department store operators across the Southern United States and established it as the leading retailer spanning from Miami to Atlanta to Houston.

File:Dillard's-Gayfers Merger Logo.png
Logo used during transition from Gayfer's to Dillard's

The acquisition of Mercantile Stores by Dillard's, Inc. in 1998 resulted in most remaining Gayfer’s locations either closing or converting to Dillard’s stores. Following this consolidation, Dillard’s halted further growth through acquisitions.[2]

References

  1. ↑ Cite error: Invalid <ref> tag; no text was provided for refs named Flottes-CJGayfer
  2. ↑ 2.0 2.1 2.2 Cite error: Invalid <ref> tag; no text was provided for refs named Flottes-Gayfers

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