Gordmans stores scheduled to close in ND will remain open
- Author: Larry Hoffman Apr 04, 2017,
Apr 04, 2017, 5:37
In court documents filed Friday, Gordmans Stores, Inc. announced four stores in the Omaha area will close.
The Nebraska-based retailer filed for bankruptcy protection last month, saying at the time that it planned to liquidate the inventory of its more than 100 discount stores in 22 states.
Stage Stores and former Gordmans CEO Jeff Gordman both later expressed interest in bidding for the company with plans to keep stores open, but only Stage made an official bid to the court.
You can find the list of the stores that will remain open here and the list of stores that are closing here.
Stage Stores, through its subsidiary, successfully bid days ago on selected assets of Gordmans in a bankruptcy auction.
Stage operates almost 800 specialty department stores in 38 states under the names of Bealls, Goody's, Palais Royal, Peebles and Stage.
Gordmans is closing all of its stores. It said it would continue to operate between 50 and 57 of the "most desirable Gordmans locations" in the Midwest and close the remainder.
Private equity firm Sun Capital Partners bought Gordmans in 2008 and then took it public in 2010. Sun Capital still owned almost half of the company when it filed for Chapter 11 bankruptcy protection. Previously, it operated stores under the Richman Gordman and Half Price Stores names before rebranding all of its stores Gordmans by 2000.
Officials at M&J Wilkow, the Chicago real estate company that owns the Shoppes, could not be reached Monday.