Industry: Department store company

L. S. Ayres and Company was an Indianapolis, Indiana, department store founded in 1872 by Lyman S. Ayres. Over the years its Indianapolis flagship store, which opened in 1905 and was later enlarged, became known for its women's fashions, the Tea Room, holiday events and displays, and the basement budget store. Ceased operations: September 9, 2006 Founder: Lyman S. Ayres Founded: 1872 Headquarters: Indianapolis, IN Parent organizations: Macy's Inc., The May Department Stores Company, Associated Dry Goods, Famous Barr Areas served: Indiana, Springfield, Louisville, Cincinnati

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