Gibson's Discount Center, also known as Gibson's, was a large
discount store
A discount store or discounter offers a retail format in which products are sold at prices that are in principle lower than an actual or supposed "full retail price". Discounters rely on bulk purchasing and efficient distribution to keep down cost ...
chain in the United States.
There are a few Gibson's Discount Centers still operating under independent ownership; two in
Texas
Texas (, ; Spanish language, Spanish: ''Texas'', ''Tejas'') is a state in the South Central United States, South Central region of the United States. At 268,596 square miles (695,662 km2), and with more than 29.1 million residents in 2 ...
in
Weatherford and
Kerrville
Kerrville is a city in, and the county seat of, Kerr County, Texas, United States. The population of Kerrville was 24,278 at the 2020 census. Kerrville is named after James Kerr, a major in the Texas Revolution, and friend of settler- ...
, and two in
Kansas
Kansas () is a state in the Midwestern United States. Its capital is Topeka, and its largest city is Wichita. Kansas is a landlocked state bordered by Nebraska to the north; Missouri to the east; Oklahoma to the south; and Colorado to the ...
in
Salina and
Clay Center Clay Center can refer to a community in the United States:
*Clay Center, Kansas
*Clay Center, Nebraska
*Clay Center, Ohio
Clay Center is a village in Ottawa County, Ohio, United States. The population was 262 at the 2020 census.
History
Clay ...
.
History
Herbert R. Gibson and his wife, Belva, opened Gibson Products Co., a wholesale novelty company, in 1936 in
Abilene, Texas
Abilene ( ) is a city in Taylor and Jones Counties in Texas, United States. Its population was 125,182 at the 2020 census, making it the 27th-most populous city in the state of Texas. It is the principal city of the Abilene metropolitan statis ...
.
By the late 1950s, Gibson had decided to refocus on discounting, and he opened the first Gibson's Discount Center in Abilene in 1960. The company grew mostly by franchising the store concept to others.
Sam Walton
Samuel Moore Walton (March 29, 1918 – April 5, 1992)
was an American business magnate best known for founding the retailers Walmart and Sam's Club, which he started in 1962 and 1983 respectively. Wal-Mart Stores Inc. grew to be the world's l ...
once inquired about obtaining a Gibson's franchise, but nothing came of it. By 1964, there were 138 Gibson's Discount Center stores generating $190 million in revenue; by 1968, there were 434 stores generating $1 billion in sales.
The company's headquarters moved to
Seagoville, Texas
Seagoville ( ) is a city in Dallas County, Texas, United States, and a suburb of Dallas. A small portion of Seagoville extends into Kaufman County. The population was 14,835 at the 2010 census. The city is located along U.S. Highway 175, from do ...
.
In 1972, Gibson transferred ownership of the company to sons Herbert Jr. and Gerald.
By 1978, Gibson's had 684 stores across the United States.
The company began to go into decline after that, in part because franchisees began to withdraw from the chain; the company's largest franchisee,
Pamida
Pamida was a chain of department stores with more than 175 locations in 16 Midwestern and West Central U.S. states. Founded by D.J. Witherspoon and Lee Wegener in 1963, Pamida stores were generally located in smaller, rural communities that rang ...
Inc., began opening discount stores under its own name.
Gibson's was sold in June 1984 to a company headed by Gary Chaffin.
Chaffin sold the company in 1992, and it filed for Chapter 11 bankruptcy in 1996. Chaffin repurchased the company in 1999, which by this time was headquartered in
Dodge City, Kansas
Dodge City is the county seat of Ford County, Kansas, Ford County, Kansas, United States, named after nearby Fort Dodge (US Army Post), Fort Dodge. As of the 2020 United States census, 2020 census, the population of the city was 27,788. The c ...
.
In November 2002, Gibson's announced it would close the chain's 17 remaining stores.
Two stores continue to operate independently under the Gibson's name, in
Kerrville, Texas
Kerrville is a city in, and the county seat of, Kerr County, Texas, Kerr County, Texas, United States. The population of Kerrville was 24,278 at the 2020 United States Census, 2020 census. Kerrville is named after James Kerr (Texas politi ...
, and
Weatherford, Texas
Weatherford ( ) is a city and the county seat of Parker County, Texas, United States. In 2020, its population was 30,854. Weatherford is named after Thomas J. Weatherford, a State senator and advocate for Texas’ secession to the Confederate S ...
. Gibson's stores in
Kansas
Kansas () is a state in the Midwestern United States. Its capital is Topeka, and its largest city is Wichita. Kansas is a landlocked state bordered by Nebraska to the north; Missouri to the east; Oklahoma to the south; and Colorado to the ...
are members of
Ace Hardware
Ace Hardware Corporation is an American hardware retailers' cooperative based in Oak Brook, Illinois, United States. It is the world's largest hardware retail cooperative, and the largest non-grocery American retail cooperative.
Founded in 1924 ...
.
At one point in time, the Gibson's store in
Great Bend, Kansas
Great Bend is a city in and the county seat of Barton County, Kansas, United States. It is named for its location at the point where the course of the Arkansas River bends east then southeast. As of the 2020 census, the population of the ci ...
had what was called “The Biggest Outdoor Sign in Kansas.”
References
{{reflist
External links
Website for currently operating Gibson's store in Kerrville, Texas
Defunct discount stores of the United States
Retail companies established in 1936
1936 establishments in Texas
2002 disestablishments in Kansas
Retail companies disestablished in 2002