Gabe's
 | |
| Company type | Private |
|---|---|
| Industry | Retail |
| Founded | 1961 (as Marah Brothers, Inc.) |
| Founders | Jamarah and Arthur Gabriel |
| Headquarters | Morgantown, West Virginia, U.S. |
Key people | Jason Mazzola (CEO) |
| Products | Clothing, footwear, and housewares |
| Revenue | US$ 782.19 million |
| Owner | Warburg Pincus Number of Locations: 74 (2016) |
Number of employees | 6,300 |
| Website | www.mygabes.com |
Gabe's stores, formerly Gabriel Brothers stores, are a private discount fashion retailer owned by Gabriel Brothers, Inc. It was founded in 1961, and is headquartered in Morgantown, West Virginia, United States. The company operates 104 Gabe's stores throughout Delaware, Kentucky, Indiana, Maryland, North Carolina, Ohio, Pennsylvania, Tennessee, South Carolina, Virginia, New Jersey, Georgia and West Virginia.[1][2]
The company also operated Rugged Wearhouse stores from 1996 to 2017 in Delaware, Georgia, Kentucky, Maryland, North Carolina, Pennsylvania, Tennessee, South Carolina and Virginia. The remaining stores were either changed to/relocated to Gabes, or shut down. [1]
Gabriel Brothers sells designer brands and fashions for up to 70% off department and specialty store prices. Their stores carry designer brand name ladies, juniors, lingerie, men's and children's apparel, along with footwear, accessories, handbags, bath and beauty products, home décor, soft home, electronics and housewares.
In 2012, Alvarez & Marsal Capital acquired a majority interest in Gabriel Brothers.[3] In 2013, the company rebranded its Gabriel Brothers stores as Gabe's.[4] In 2017, Warburg Pincus acquired Gabriel Brothers from Alvarez & Marsal Capital.[5]
References
- ^ a b "Corporate FAQs". Retrieved 2 August 2018.
- ^ "Gabriel Brothers Inc". Bloomberg Corp. Retrieved 2 August 2018.
- ^ "Alvarez & Marsal Capital Partners - News". Retrieved 2018-06-25.
- ^ "Gabriel Brothers, Inc. History & Corporate Background". Gabriel Brothers, Inc. Retrieved 2015-01-31.
- ^ "Off-price retailer acquired with eye to expansion". Chain Store Age. 2016-12-22. Retrieved 2018-06-25.
External links
 | This United States retail business article is a stub. You can help Wikipedia by expanding it. |