In April 2023, Gabe’s acquired Old Time Pottery, aiming to expand its product offerings and customer reach in the home goods market.
Target Information
In April 2023, Gabe’s successfully acquired Old Time Pottery, a retail chain specializing in home goods with a total of 38 stores across 11 states. Established in 1961 in Morgantown, West Virginia, Gabe’s has built a reputation as a leading off-price retailer, known for offering substantial discounts on a diverse range of products. This acquisition is expected to enhance the product offering of both Gabe’s and Old Time Pottery, allowing customers to access a wider variety of items at incredible prices.
Old Time Pottery operates primarily in the home goods market, proudly delivering extensive selections at competitive prices to help customers manage their budgets while realizing their home decor aspirations. With the integration of Gabe’s private-label products, customers can anticipate an expanded selection in both stores, creating a more fulfilling shopping experience across the board.
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Industry Overview
The retail industry in the United States, particularly in the home goods sector, has experienced significant transformation over the past few years. Shoppers are increasingly seeking value in their purchases, leading to an influx of
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Gabe’s
invested in
Old Time Pottery
in 2023
in a Other deal