What store did Peebles become?
In the summer of 2019, Stage Stores SSI 0.0% , Peebles’ parent company, decided to switch all of its retail locations to a new format with a new name. Each store held its own closing sale in preparation for the changeover to the Gordmans brand, an off-price concept with strong growth potential.
How many Peebles stores are there?
At the time, Peebles had more than 125 stores primarily in the Mid-Atlantic, Southeastern and Midwest states. Stage Stores operates 645 stores under the names of Stage, Bealls, Goody’s, Peebles and Palais Royal in 42 states and 141 Gordmans stores primarily in Midwestern states.
What store 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.
Who owns gordmans?
Stage Stores
Is gordmans stores closing?
“We temporarily closed all of our stores as we have worked to manage through this challenging environment,” Glazer stated. “Despite all of our efforts, we have been unable to obtain necessary financing to continue operating as an independent business.”
When did Gordmans go out of business?
The Louisville store will remain open, for now. To the best of Karem’s knowledge, the potential tenant isn’t buying the Gordmans brand. Stage Stores purchased the family-owned Goody’s after the company filed for bankruptcy in 2009 and kept the store name.
Is gordmans opening new stores?
According to Gordmans’ website, the first batch of grand openings will see 35 new Gordmans stores open across West Virginia, Virginia, Kentucky, Maryland and Michigan on March 3. On March 17, 44 new stores will open across a wider range of cities, including 17 new stores in Virginia alone.
Is Bealls and Burkes the same?
Beall’s, Inc. is the parent company of Burkes Outlet Stores, Inc. The corporation operates over 500 retail stores. Since its modest beginnings in 1915 Bealls has grown to be a major employer in the state of Florida as well as a valued asset to the communities it serves.
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.
The company announced plans to liquidate and close its 738 stores nationwide unless a “third-party investor or purchaser” can be found, according to documents filed in the U.S. Bankruptcy Court for the Southern District of Texas.
Are Goody’s stores closing?
In 2008 Goody’s filed for Chapter 11 bankruptcy and announced it was to close 69 stores. In September 2019 it was announced that Goody’s, along with all other stores operated by Stage Stores Inc, would be converted to Gordmans stores by the end of 2020.
Is stage going out of business?
What store is replacing Bealls?
Bealls, the flagship store at the Plaza Shopping Center at Crockett Road and South Loop 256, has announced its closing, and will reopen as Gordman’s in 2020.
Has anyone bought Stage Stores?
Bealls Inc. has bought the intellectual property and other assets of the bankrupt retailer $7 million. The deal includes the trademarks and trade name of Stage Stores’ various banners, which include Goody’s, Gordmans, Palais Royal, Peebles ” and Bealls.
Who bought out Stage Stores?
Bealls Inc.
Is Bealls owned by Walmart?
The CEO of Bealls Inc. is Matt Beall. Bealls Florida was not affiliated with the Texas-based Bealls chain formerly owned by Stage Stores, although the two overlapped in some markets….Bealls (Florida)
What is the new name for Bealls?
Gordmans
Is Burkes Outlet going out of business?
We will be temporarily closing our family of stores effective March 20, 2020 to do our part in slowing the spread of the coronavirus. This decision includes Bealls, Bealls Outlet, Burkes Outlet, Bunulu and Home Centric.
Is it pronounced bells or Bealls?
Pronounce Names Usually to get the pronunciation “beel” requires an “e” at the end, as in Beale Street in Memphis. Pronunciation: Beall is and always has been pronounced “bell” as in ringing.
Can I use my Bealls credit card at Burkes Outlet?
Where can I use my Bealls Outlet credit card? You can use it at any store owned by Bealls, such as Bealls Outlet, Burkes Outlet and Bealls Department Store.
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