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Home Crypto

110-Year-Old Retailer to Accept Bitcoin and Ether at 660 Stores

by Anindya Paul
October 23, 2025
in Crypto
Reading Time: 3 mins read
0
Bealls

Source: businessobserverfl.com

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The checkout line at your local Bealls is getting a 21st-century upgrade. Bealls Inc., the 110-year-old retail giant, has announced it will begin accepting a wide array of digital currencies, including Bitcoin, Ether, and more, across its entire network of over 660 U.S. stores.

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This significant move, which coincides with the company’s 110th anniversary, is powered by a new partnership with digital payments platform Flexa. Shoppers at all Bealls, Bealls Florida, and Home Centric locations can now pay for apparel, home goods, and more directly from their personal crypto wallets. The decision signals a major bridge between legacy retail and the burgeoning digital economy.

A Century-Old Brand Bets on the Future

For a company that has been in continuous operation since 1915, this move is anything but a gimmick. It represents a deliberate, forward-looking strategy. Matt Beall, the Chairman and CEO of Bealls Inc., framed the decision as a foundational step for the company’s next hundred years.

“Digital currency will reshape how the world transacts,” Beall said in a statement. “Our partnership with Flexa is about more than payments; it’s about preparing for the future of commerce and continuing to innovate for the next 110 years.” It’s this blend of “staying power,” as Flexa’s co-founder called it, and a willingness to adapt that makes the announcement so significant for the retail sector.

How Crypto Payments Will Work at Checkout

The customer experience has been made easy. The integration works through Flexa Payments–an all-in-one solution that enables merchants to accept digital assets without requiring them to handle the intricacies of blockchain technology.

To make a payment, shoppers simply select one of over 300 supported crypto wallet apps to use. The system supports over 99 different digital currencies, giving customers broad flexibility—from established coins like Bitcoin and Ether to popular stablecoins and even “meme coins.” Flexa claims the transactions happen in “sub-second” speeds, ensuring that paying with crypto won’t be any slower than a typical credit card tap.

A ‘Major Leap’ for Mainstream Use

While thousands of smaller businesses and e-commerce sites accept crypto, adoption by a national, brick-and-mortar retailer of Bealls’ scale is a different story. Trevor Filter, the co-founder of Flexa, called the collaboration a “major leap toward mainstream crypto adoption in retail.”

The partnership provides a powerful, real-world use case for digital assets, moving them out of the realm of pure speculation and into everyday commerce. For 65 million American adults – (about 28% of the total population) – who have reportedly owned cryptocurrency as of early 2025, this move provides a new place to spend it, giving it social context and acceptance.

Meeting a New Generation of Shoppers

Bealls is responding directly to clear market needs and burgeoning support. With close to a third of American adults holding some kind of digital currency, customers are increasingly looking for ways to spend their assets. Allowing crypto payments enables Bealls to align itself to take a share consumer spending activities in the tech-savvy and younger segments of the consumer market. Furthermore, this shrewdly removes any volatility risk for the retailer. The merchant can accept crypto payments through the “Flexa” system, which allows the payment to be converted and settled instantly in U.S. dollars. In other words, Bealls enjoys the upside of accepting a new payment option without the risk of holding a volatile asset on its balance sheet.

The Retail Crypto Race Is On

Bealls marks a significant new addition while continuing a trend of well-known brands like Starbucks, Home Depot and Whole Foods coming on board for digital payments. The payment processing space is also heating up, with firms like Bitpay and Crypto.com competing with Flexa to become the go-to bridge for retailers.

This latest announcement from Bealls, however, is one of the most comprehensive integrations to date for a national department store chain, proving that even the most established brands in retail are now looking to the blockchain for their future.

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Anindya Paul

Professional content creator with strong expertise in content writing, filmmaking and social media strategy. Skilled in digital storytelling, scriptwriting, video production, sound design and graphic design - crafting compelling narratives across platforms. Known for delivering high-quality, engaging content under tight deadlines. A collaborative team player with a sharp creative instinct, adaptability to evolving trends, and a focus on impactful, results-driven communication.

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