Quick Answer: Which Gordmans Locations Are Closing?

What is the new name for Bealls?

The Stage Store Inc.

Bealls store will have a new name by 2020 as the company converts their department stores to Gordmans.

Stage is excited to confirm it will convert the Bealls located in Alice to a Gordmans store, according to a press release..

Is Kohls going out of business?

Kohl’s Corp. is closing all of its more than 1,100 retail stores nationwide and making other financial moves in response falling sales tied to the coronavirus pandemic. Kohl’s stores will close at 7 p.m. local time Thursday, the company announced in a news release. The stores will be closed at least until April 1.

Who bought stage out?

Bain Capital cashed out of Stage Stores in 1997, netting the firm $117 million. Stage Stores filed for Chapter 11 bankruptcy two years later. After emerging from bankruptcy, the company continued to acquire competitors. It acquired Peebles in 2003 and purchased Goody’s in 2009.

Who bought out Bealls Department Store?

“The conversion from Bealls to Gordmans takes less than two weeks. “During the transition of our stores to Gordmans, our associates at these stores will be offered jobs at Gordmans,” she added. “If additional associates are needed they will be hired during job fairs, which will be announced at a later date.”

Are all gordmans going out of business?

06.15. As of Monday, June 15, 2020 all Stage and Gordmans stores that were temporarily closed due to COVID-19 are NOW OPEN! Our Store Operations team continues to implement best methods to ensure our stores offer an easy-in, easy-out store experience that’s clean and comfortable.

Why is gordmans going out of business?

Gordmans owner files for bankruptcy ‘after exhausting every possible alternative’ Stage Stores announced it has filed for Chapter 11 bankruptcy in response to the coronavirus pandemic. The company says they have been unable to “obtain necessary financing” since temporarily closing their stores.

Why is Bealls closing?

In March, Stage announced it was closing all of its 15 Bealls outlets in the Valley with the exception of the Port Isabel location. … Like all departments stores, the Stage brands have been shut down across the country due to coronavirus, and it anticipates reopening its 700 stores in phases beginning Friday.

Did gordmans buy stage?

Stage Stores acquired 48 stores and a distribution center from Gordmans in March 2017 after Gordmans, whose retail footprint is more established in the Midwest, filed bankruptcy.

How do you find stores that are going out of business?

8 Sites to Find Closeout Stores and Going Out of Business SalesQuicklotz. Quicklotz specializes in liquidation sales and liquidation goods. … Direct Liquidation. Sometimes, a major retailer in your area will shut down its local store. … Department Store Liquidations. … Source. … Liquidation.com. … TopTenWholesale. … Discount Wholesalers. … Bstock.

Are all Stage stores going out of business?

Retail stores have been suffering, and Stage Stores has filed Chapter 11, closing all its stores. … Stage operated stores under various names, including Goody’s, Bealls, and Palais Royal. However, you would not find these stores in major metro markets across the country.

Who owns Bealls store?

Bealls Outlet is a privately held company, rich in tradition, owned by the founding family and its employees. Beall’s, Inc. is the parent company of Bealls Outlet Stores, Inc. The corporation operates over 500 retail stores.

Can you order gordmans online?

Gordmans is expanding its national presence with the launch of e-commerce. “Providing the option to preshop online, and then purchase online or in-store, helps us to better support our guest in how she wants to shop. …

Can I use my gordmans card at stage?

A: Your Gordmans credit card can be used at any Gordmans store. Plus, it can be used at any Stage, Bealls, Palais Royal, Peebles or Goody’s store.

Why is Stage Stores closing?

“The increasingly challenging market environment was exacerbated by the covid-19 pandemic, which required us to temporarily close all of our stores and furlough the vast majority of our associates,” Michael Glazer, the company’s chief executive, said in a statement.

Which Stage Stores are converting to gordmans?

In 2019, Stage Stores — which also operates the Bealls, Goody’s, Peebles and Palais Royal banners — converted 89 stores to its off-price Gordmans brand. It ended the year with 158 off-price stores, which was 100 more than it had in 2017.

Does Stage Stores have a buyer?

With the company unable to find a buyer, Stage Store liquidation sales are underway. The liquidation includes the Gordmans, Bealls, Palais Royal, Peebles, Stage, and Goody’s banners.

What did gordmans used to be called?

The off-price department store division became the company’s sole focus after it emerged from bankruptcy under the Richman Gordman 1/2 Price Stores name in 1993. By 1996, all 1/2 Price Stores were converted into the Gordmans brand, though the name would hang around for several more years.

Is Bealls Florida going out of business?

Iconic Florida retailer Bealls has announced that it will temporarily close its stores. “Out of an abundance of caution we have decided to temporarily close all of our stores,” CEO Matt Beall said in a statement.