Stage Stores (Gordman’s) Files Chapter 11 Bankruptcy
Although the Ellwood City Gordman’s location in the Franklin Plaza just celebrated its grand opening on February 18, 2020, after a successful conversion from the former Peebles, the retailer has filed for bankruptcy. (Read article about the opening). Gordman’s parent company Stage Stores offered the following press release to the public early this month: Stage Stores Commences Voluntary Chapter 11 Process Company Conducting Sale Process for All or Part of the Business While Commencing Orderly Wind-Down of Operations; Stores to Reopen Starting May 15, 2020 HOUSTON – May 10, 2020 – Stage Stores, Inc. (NYSE: SSI) (“Stage” or the “Company”)…