Peebles in Franklin Plaza to Become Gordmans

Pictured is a Gordmans storefront. Gordmans is set to replace the Peebles store in Franklin Plaza in 2020.

The store closing sign on the front of the Peebles store in Franklin Plaza signifies an end but also a new beginning.

“Stage has exciting news,” said Blakely Graham, manager of brand publicity for Stage. “We are planning to convert the Peebles location in Ellwood City, Pa to a Gordmans store in early 2020.”

Both Gordmans and Peebles are part of the Stage community of stores, which also includes Bealls, Goody’s, Palais Royal, and Stage.

Peebles will remain open until the conversion.

“The Peebles store is planned to close in the days leading up to the Gordmans grand opening in early 2020,” Graham said. “The conversions from Peebles to Gordmans take less than two weeks.”

The move could bring jobs to the area.

“All current Peebles associates will be offered jobs at Gordmans,” Graham said. “Additional associates also will be hired during job fairs early next year.”

Graham said Stage has been converting a number of Peebles stores because of a trend in consumer response to off-price offerings.

“Gordmans is an off-price retailer, which means that it has a wide array of merchandise for the entire family at the lowest possible prices compared to department stores,” Graham said.

Gordmans offers new merchandise delivered weekly including  popular name brand apparel, home décor, footwear, gifts, accessories, fragrances, and other items.

Gordmans has been around for 100 years. For a sneak peek at what they have to offer, visit www.gordmans.com.

In a July 2019 press release, Stage announced plans to convert an additional 100 stores to Gordmans off-price in 2020, bringing the total number of 2020 off-price conversions to 250. In 2019, the company expects to complete 89 conversions, including 37 converted stores in March, 35 converted stores and one new store in June, and 17 planned conversions in September. The Company expects to end Fiscal 2019 with 158 Gordmans stores. Inclusive of the 100 additional conversions planned for next year, 2020 Gordmans store count will now exceed 400 stores and 2020 Gordmans sales are expected to be well in excess of 50% of total company sales.

About Stage Stores: Stage Stores, Inc. is a leading retailer of trend-right, name-brand values for apparel, accessories, cosmetics, footwear and home goods. As of July 23, 2019, the company operates in 42 states through 645 BEALLS, GOODY’S, PALAIS ROYAL, PEEBLES, and STAGE specialty department stores and 141 GORDMANS off-price stores, as well as an e-commerce website at www.stage.com. For more information about Stage Stores, visit the company’s website at corporate.stage.com.

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