The Omaha, NE-based chain could face liquidation
http://www.omaha.com/money/omaha-based-gordmans-reportedly-is-preparing-to-file-for-bankruptcy/article_ea4f5342-02c2-11e7-8017-efad1134de34.html
Edit 3/13: Changed subject line to reflect bankruptcy filing
It's official
http://www.retaildive.com/news/gordmans-files-for-chapter-11-bankruptcy-protection/437954
http://www.omaha.com/money/gordmans-files-for-bankruptcy-protection-will-liquidate-inventory-and-assets/article_c926fa10-07ec-11e7-9a74-37227bde5813.html
Yuck...so much carnage these last couple of years!
Another retailer bites the dust...
Stage Stores is buying Gordmans and keeping about half the stores open - but will more stores add to Stage's own problems?
http://www.omaha.com/money/stage-stores-winner-in-gordmans-bankruptcy-auction-will-operate-locations/article_b9914cec-1564-11e7-b4a7-63ceeb70ed62.html
Quote from: retailisking on March 31, 2017, 10:40:40 AM
Stage Stores is buying Gordmans and keeping about half the stores open - but will more stores add to Stage's own problems?
http://www.omaha.com/money/stage-stores-winner-in-gordmans-bankruptcy-auction-will-operate-locations/article_b9914cec-1564-11e7-b4a7-63ceeb70ed62.html
The only question is which of the 50 stores Stage will keep...
I'd start with the stores that haven't been open that long, favoring new-construction buildings over previous remodels. There'd be less maintenance expense with newer buildings over older ones. I know that the Gordmans at the new Shoppes of Parma (Parmatown Mall) *just* opened late last year, and was a brand-new construction with the revamping of the mall into an outdoor center.