Spencer’s is a unique store that caters to a fun audience. The company describes its audience as being between 18 years old and 24 years old and as “high energy, technologically savvy, edgy, demanding, independent and always inspired by humor and irreverence.” It offers a wide variety of products that include backpacks, clothing, body jewelry, lingerie, adult products, party accessories and pop culture items.

Number of employees

While there are no official statistics that cite the number of employees across all locations, there are almost 600 employees in its corporate offices and locations.

Website

If you want to learn more about Spencer’s, you can visit its website at https://www.spencersonline.com/.

Date founded

Spencer Gifts started as a mail order catalog out of Easton Pennsylvania in 1947 that specialized in selling novelty items. The first store opened in the Cherry Hill Mall in New Jersey in 1963, which is still open today.

In 1967, after opening about 450 stores, Spencer Gifts merged with MCA. The company closed its mail order catalog in 1990 to focus on its stores. The company’s first Canada location opened in 1997. Spencer’s acquired Spirit Halloween in 1999, which makes up about half of its annual revenue. 

Spencer Gifts was rebranded in 2003 to become just Spencer’s, and it began redesigning its stores to match the new brand in 2004. ACON Investments has owned the brand since 2007.

Company mission statement

Spencer’s slogan sums up its mission statement: “Life’s a Party-We’re Makin’ it Fun!” The stores strive to provide products that will entertain its customers and create a unique, fun environment that embodies its personality.

Industry

Spencer’s is categorized under the retail distributors and apparel retail industries.