Stone & Thomas

Stone and Thomas
Department store
Industry Retail
Fate Converted to Elder-Beerman; Few stores are sold to Belk and Peebles.
Founded 1847
Defunct 1998
Headquarters Wheeling, West Virginia
Products Clothing, footwear, bedding, furniture, jewelry, beauty products, and housewares.
Website None

Stone & Thomas was a United States chain of department stores. Based in Wheeling, West Virginia, the chain had stores located in West Virginia, Virginia, Kentucky, and Ohio. The company was bought out in 1998 by Elder-Beerman, an Ohio-based chain of department stores.

History

Vacant Huntington store with original signage.
Vacant Wheeling flagship store.

Stone and Thomas was founded in 1847 in Wheeling, Virginia by Elijah J. Stone and Jacob C. Thomas. Also referred to as Stone's or "The People's Store", it was a West Virginia institution for 150 years. From its flagship store in downtown Wheeling, it expanded into Huntington in the 1910s, Charleston in 1928, and in most of West Virginia's major cities. In 1956 Stone and Thomas bought out Broida's of Parkersburg, and for a short time it was called Broida's, Stone & Thomas. The chain grew up to 19 stores in West Virginia, two in Virginia and one store in Ashland, Kentucky.

Stone's was a very teenager-friendly store. It sponsored high school fashion shows, held tea parties, and had a Stone-agers program for teens. Throughout the 1990s, the company wanted to focus more on its suburban stores and closed several of the older downtown stores in Huntington and Clarksburg.

In 1998 falling profits forced Stone & Thomas to sell itself to Elder-Beerman for $38 million. All existing Stone & Thomas stores were converted to Elder-Beerman by 1999. Six locations were sold to Peebles and three more locations were sold to Belk.[1] After moving to a larger location, the Stone & Thomas anchor store at the Ohio Valley Mall, was also converted, while the former location subsequently became a Burlington Coat Factory, then Steve & Barry's University Sportswear, and finally, Crafts 2000. The Huntington store was purchased by Marshall University and transformed into the college's Department of Art & Design, for students of the applied arts. [2] The university's art department moved into the building and opened September 18, 2014. [3] The downtown Wheeling store is currently being converted into office space.[4] The downtown Charleston store, built in 1948, is currently unoccupied.

References

This article is issued from Wikipedia - version of the 1/18/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.