What happened Stage Stores?

Stage Stores operated 738 conventional department stores and off-price stores under multiple brands at the time it filed for Chapter 11 protection in May. The company has since liquidated all stores.

Did Stage Stores go out of business?

US off-price department store operator Stage Stores is to wind down its business after failing to find a buyer. The move to liquidate the company and shutter all 720 stores has been approved by a Texas bankruptcy court, and completes plans announced in May when the retailer filed for Chapter 11 bankruptcy protection.

Who bought Stage Stores?

Bealls Inc.
Bealls Inc. bought Stage Stores’ intellectual property, including the trade name of Stage’s Bealls banner, as well as fee rights to a distribution center for some $7 million.

What is Bealls changing their name to?

Store converting to Gordmans by 2020.

Why did Gordmans go out of business?

Stage Stores bought Gordmans in 2017 following its own bankruptcy. However, the retailer’s troubles began in part due to slumping sales and a disappointing holiday season. “From what I understand, they (Stage Stores) were looking a long time trying to find a partner,” the plaza owner said.

Is Bealls outlet owned by Stage Stores?

Bealls Inc., founded in 1915, operates more than 550 stores in 17 states under the names of Bealls, Bealls Outlet, Burkes Outlet, Home Centric and Bunulu. It is not affiliated with the Bealls stores operated by Stage Stores.

How many Stage Stores locations are there?

786
Stage Stores

Stage Stores, Inc. Corporate Office
Headquarters	Houston, Texas
Number of locations	786 (2019)
Key people	William J. Montgoris (Non-Executive Chairman) Michael L. Glazer (President, CEO) Steve Williams (CIO)
Products	Apparel, Accessories, Cosmetics, Footwear, and Housewares

What happened to Gordmans?

Boston, MA, July 16, 2020 (GLOBE NEWSWIRE) — Joint venture partners Gordon Brothers and Hilco Merchant Resources announced that they have commenced “Going-Out-of-Business” sales at 720 Stage Stores, Inc. locations including Gordmans and all associated brand stores across the United States.

How many stores did Stage Stores have?

Stage Stores operated 782 department stores in 42 states, almost all of which were eventually converted to their flagship brand, Gordmans, which it acquired in 2017.

Who owns Gordmans?

Stage StoresGordmans / Parent organization

What store did Gordmans used to be called?

Outfitters to the Family
Gordmans (stylized as gordmans) was a chain of Midwestern off-price department stores founded in Omaha, Nebraska. The chain was owned by Stage Stores as of March 2017….Gordmans.

Formerly	Outfitters to the Family (1915–1948) Richman Gordman (1948–1996) Gordmans (1996–2020)
Fate	Bankruptcy
Headquarters	Houston, Texas, U.S.

Who bought Gordmans?

Stage Stores
Stage Stores bought Gordmans in 2017 following its own bankruptcy.

What happened to Bealls?

On May 10, 2020, Stage announced it had filed for Chapter 11 Bankruptcy, and that it would liquidate all locations, Bealls and Gordmans included, unless a buyer could be found for the chain. No buyer had been found, and going out of business sales had begun at all locations.

Who owns Peebles?

Stage StoresPeebles / Parent organization

Why did all the Gordmans close?

What did Gordmans turn into?

Gordmans

Formerly	Outfitters to the Family (1915–1948) Richman Gordman (1948–1996) Gordmans (1996–2020)
Fate	Bankruptcy
Headquarters	Houston, Texas, U.S.
Number of locations	157 (September, 2019)
Area served	United States

What is the history of Stage Stores?

The company is also committed to providing excellent customer service by highly trained sales associates in well-staffed stores. Houston-based Stage Stores, Inc. (Stage) was founded in 1988 as a private company and went public in 1996.

Is Stage Stores owned by Sri?

In June 1992, Stage Stores, then known as Specialty Retailers, Inc. (SRI), acquired Colorado-based Fashion Bar, Inc., a family-owned business with 71 stores, most of which were comparable to Palais Royal and Bealls. The remainder were small specialty stores known as Stage Stores, which had already become part of SRI’s operation.

Why did Stage Stores change their name to Steele’s?

The nameplate was used in markets with a strong customer awareness and brand recognition of the name. In 2011, Stage Stores began a new chain called Steele’s, but in March 2014 it was announced that these stores are being sold to Hilco Global.

Is Peebles owned by stage?

In 2003, Stage Stores acquired 136 Peebles stores located in 17 states. The company purchased the Goody’s name through the Goody’s bankruptcy auction in 2009. The nameplate was used in markets with a strong customer awareness and brand recognition of the name.