In 1970, the Beaver Valley Mall opened with The Joseph Horne Company, Gimbels, and Sears as the original anchors. That same year, the entire Gimbels chain was purchased by the tobacco conglomerate BATUS. In 1986, after years of declining sales, BATUS announced that Gimbels was on the block. Unable to find a buyer for the entire chain, BATUS closed down the entire Gimbels Pittsburgh division, selling or closing all locations. Some of the more attractive mall locations, such as Beaver Valley Mall, were taken over by the St. Louis based May Department Stores Company for its Pittsburgh-based Kaufmann's division. This effectively caused the shuttering of the entire Gimbels Pittsburgh division. The Beaver Valley location was closed and completely renovated before reopening as Kaufmann's. After the move to the mall, the original Kaufmann's location in nearby Rochester was subdivided into a Giant Eagle and a Kmart. In 2006, when The May Department Stores Company was purchased by Cincinnati based Federated Department Stores, this location was renamed Macy's.