Joseph Trowbridge Bailey and Andrew B. Kitchen opened their first store on Chestnut Street in Philadelphia on September 20, 1832, known as Bailey & Kitchen, offering silverware, jewellery and assorted other articles. In 1878, Joseph T. Bailey II, George Banks, formerly of J. E. Caldwell & Co., and Samuel Biddle formed a partnership, renaming the company, Bailey, Banks & Biddle. In 1894, the company incorporated with Bailey as president. The firm became a division of the Zale group in 1962 and currently consists of their main store in Chestnut Street in Philadelphia as well as 106 stores in 25 states.
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