11 Facts About Proffitt's

Proffitt's was a department store chain based in Alcoa, Tennessee.

Proffitt's expanded by opening its second store in Athens, Tennessee in 1936.

Proffitt's purchased the Chattanooga based Loveman's Department Store in 1986, adding four Chattanooga stores and one in Dalton, Georgia, its first location outside of Tennessee.

In fall 1992, shortly before the Hess's purchase was completed, a new Proffitt's store opened in The Mall at Johnson City in the company's entry into the Tri-Cities market.

Proffitt's purchased the Jackson, Mississippi based McRae's chain in 1994.

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In 1995, Proffitt's purchased Parks-Belk, an independently owned affiliate of Charlotte, North Carolina based Belk, Inc This purchase gave Proffitt's a presence for the first time in Greeneville, Tennessee, and gave the company an additional store in each mall in Kingsport and Johnson City.

The Johnson City Proffitt's was already operating under the dual-location concept and this gave the company three stores in the same mall.

Proffitt's purchased the Carson Pirie Scott chain in 1998 which consisted of Boston Store and Bergner's and they continued to operate those stores under their respective names.

Five former Castner Knott store in Nashville, Tennessee were renamed Proffitt's, but sold in 2001 to May Department Stores after proving marginally profitable under Proffitt's management.

Also, in 2004, Proffitt's opened a store in Alabama at the Riverchase Galleria in the Birmingham suburb of Hoover in the location vacated by Macy's which now houses a Von Maur store.

Late 1998 would see the biggest name change when Proffitt's purchased Saks Holdings Inc, the holding company for luxury retailer Saks Fifth Avenue.