Spencer's Gifts

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(Redirected from Spencer Gifts)
Spencer Gifts LLC.
Type
Private
Founded
1947 Atlantic City, New Jersey
Headquarters
Egg Harbor Township, New Jersey
Key people
Steve Silverstein, CEO
Products
Retail
Website
www.spencersonline.com
Spencer Gifts or Spencer's is a North American mall retailer. Spencer Gifts has stores in the United States, Canada, and Puerto Rico.
Spencer's target demographic is the 18-25 year old.[dubious discuss] The retailer offers rock and roll clothing, band merchandise, Playboy decor and apparel, luv stuff, sex toys, gag items, room decor, collectable figures, fantasy and horror items and novelty gifts. Spencer Gifts is also one of the largest mall-based specialty gift store chains in North America with over 600 stores. The company also operates temporary Halloween stores under the Spirit of Halloween Superstore brand.
History
Originally founded as a mail-order catalog in 1947, Spencer鎶� sold an assortment of novelty merchandise. In 1964, Spencer's opened its first retail store in the Cherry Hill Mall in Cherry Hill, New Jersey, where it continues to have a retail presence.
Shortly after launching its retail division, Spencer's was acquired by MCA, an entertainment conglomerate. In 1995, MCA was acquired by Seagram Company Ltd. and operated under the name Universal Studios. While a Universal Studios company, Spencer鎶� expanded its store base into Canada and the United Kingdom and acquired a Halloween seasonal retailer, Spirit Halloween.

Typical merchandise at a Spencer's Gift shop.
In 2001, Vivendi, a diversified international entertainment company acquired Universal Studios and re-branded the entire organization as Vivendi Universal Entertainment LLLP. Less than two years later, in 2003, GB Palladin, a joint venture between Gordon Brothers Group, LLC and Palladin Capital Group, Inc. acquired Spencer Gifts LLC.
In the Fall of 2004, four new prototype stores were constructed and opened in Deptford, New Jersey, Lehigh Valley, Pennsylvania, Concord, New Hampshire and Des Moines, Iowa.
In 2005, Spencer's opened its first store in Puerto Rico at Plaza Carolina. At present the chain have three more stores in the Island located in Plaza del Norte, Montehiedra Town Center and Las Catalinas Mall.
Criticism
Following an undercover investigation by television station WEWS in Cleveland[1], Spencer's is being criticized for allowing children access to adult toys and explicit items such as a lollipop in the shape of a penis. Parma, Ohio, Mayor Dean DePiero has vowed to force changes at the store located in the Parmatown Mall after viewing the story. On March 6, 2008, WFTS-TV in Tampa, Florida also did a story on it. Items that draw attention to the store are semi-nude posters of women hanging up in the window, Playboy items such as tote bags and delicates, and seasonal items such as Halloween costumes.
External links
Spencer's Online
Categories: Retail companies of the United States | Companies established in 1947 | Companies based in New Jersey | Atlantic County, New Jersey
Hidden categories: All pages needing cleanup | Articles with disputed statements from November 2008(and so on)

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