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Gordmans

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Gordmans (stylized as gordmans ) was a retailer founded in Omaha, Nebraska . The chain is owned by BrandX as of May 2022. In 2019, Stage Stores began converting other retail chains it owned into Gordmans stores, with the goal of having 700 Gordmans stores in 42 states by the end of 2020. In May 2020, Stage Stores filed for Chapter 11 bankruptcy and began liquidating its stores. Although a buyer for Stage could have prevented liquidation, Stage later announced that they would proceed with going out of business sales at all locations. There is one store in the town of Algonquin, Illinois.

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16-516: The company's origins date back to the early 20th century when Sam Richman opened a small clothing store in Omaha in 1915. Richman's Outfitters to the Family occupied a small storefront at 16th and Chicago in downtown Omaha. Dan Gordman joined Richman as a full partner in the business and married his daughter Esther. After several years, the business grew to occupy the entire building at 16th and Chicago. In 1948,

32-599: A liquidation deal struck with Tiger and Great American. Through the bankruptcy, Stage Stores bought 48 Gordmans stores in March 2017, along with one distribution center, the Gordmans name, and all intellectual property. Under the direction of Stage Stores, Gordmans began to transition away from the specialty department store business model, moving the brand to the off-price retail sector, more resembling stores like T.J. Maxx , Marshalls , Ross , and Burlington . As part of expanding

48-730: A second store was opened in South Omaha, Nebraska , and Gordman purchased Richman's remaining interest in the company, and changed the name to Richman Gordman . During the 1960s, Gordman's sons and nephew joined the business and positioned the company for more aggressive expansion. In the early 1970s, the company expanded beyond Nebraska . Richman Gordman opened two stores in Des Moines, Iowa , followed by another location in Topeka, Kansas . Its 10th store opened in Grand Island, Nebraska , in 1974. Gordman

64-664: Is a former city and current district of Omaha , Nebraska , United States . During its initial development phase the town's nickname was "The Magic City" because of the seemingly overnight growth, due to the rapid development of the Union Stockyards . Annexed by the City of Omaha in 1915, the community has numerous historical landmarks many are within the South Omaha Main Street Historic District . The traditional borders of South Omaha included Vinton Street to

80-530: The ½ Price Store . The concept was to sell Richman Gordman merchandise at half price. This led to the opening of six more ½ Price Stores in the 1970s; a separate corporate structure was built to accommodate the growing business. By the company's 75th anniversary in 1990, it operated 16 ½ Price Store off-price department stores and 16 Richman Gordman department stores. In 1992, however, Richman Gordman filed for bankruptcy protection, and all of its department stores closed. The off-price department store division became

96-601: The Czech, Irish, Italian, Latino, Lithuanian, and Polish immigrants who made up the original workforce in the meatpacking industry; they were primarily Roman Catholic in religion. In recent decades, South Omaha has seen an influx of new immigrants representing Hispanic and Sudanese populations. The early diversity is evident in the variety of religious institutions established by the various ethnic communities, which established national Roman Catholic and other places of worship, including Catholic Churches : Orthodox churches: In

112-500: The area into other parts of the city, and newer immigrant groups filled the neighborhoods behind them. South Omaha was annexed by Omaha on June 20, 1915. At that time it was 6.4 mi² and had 40,000 residents. In 1947, there were 15,000 people working in meatpacking. Structural changes to the meatpacking industry in the 1960s, including decentralization of operations, cost the city 10,000 jobs. South Omaha was, and continues to be, culturally diverse. Many residents are descended from

128-466: The brand, Stage Stores opening their first new Gordmans store in Rosenberg, Texas in March, 2018. In March 2019, Stage announced that by mid-2020 they planned to convert at least 220 of their current department stores, including those of other brand names, into Gordmans off-price stores. CEO Michael Glazer cited the high sales increases in the locations that were converted in 2018 as the deciding factor in

144-538: The city had grown to 8,000 people, a rate of growth that earned it the nickname of "The Magic City". In less than 10 years, South Omaha had developed as a regional stockyards and meatpacking center. As its industrial jobs did not require high-level language skills, it drew thousands of immigrant workers, mostly from eastern and southern Europe. This area of the city showed ethnic succession , as different waves of immigrants established certain territories as their own during their first settlement. Some descendants moved out of

160-453: The company in 2008. It was taken public again in 2010 with Sun continuing to hold a majority stake. On March 6, 2017, Bloomberg reported that Gordmans was reportedly preparing to file for bankruptcy . On March 13, 2017, Bloomberg announced that Gordmans had indeed filed for bankruptcy in Nebraska ( In re Gordmans Stores Inc. , 17-80304, U.S. Bankruptcy Court, District of Nebraska (Omaha)) with

176-604: The company's sole focus after it emerged from bankruptcy under the Richman Gordman ½ Price Stores name in 1993. By 1996, all ½ Price Stores were converted into the Gordmans brand, though the name would hang around for several more years. The company decided to develop a new prototype store and attempted to improve the store's presentation. The first two Gordmans stores opened in Tulsa, Oklahoma in August 1999. Sun Capital Partners bought

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192-530: The decision. In September 2019, Stage Stores announced that they planned to completely exit the department store market, moving completely to the off-price model, converting all other stores brands to the Gordmans brand, and operating approximately 700 Gordmans stores by the third quarter of fiscal 2020 (August-October). But in May 2020, Stage Stores filed for Chapter 11 bankruptcy due to the COVID-19 pandemic , even though

208-614: The late 19th century, a Jewish synagogue was established in South Omaha. In addition to the churches, in the early part of the 20th century, the Lithuanian community published a newspaper, known as the Bell of the West. 41°12′38″N 95°57′45″W  /  41.21056°N 95.96250°W  / 41.21056; -95.96250 Stage Stores Too Many Requests If you report this error to

224-463: The north, Harrison Street to the south, the Missouri River to the east, and 42nd Street to the west. The area that would become South Omaha was rural until the early 1880s, when cattle baron Alexander Hamilton Swan decided to establish a stockyards operation just south of Omaha. The South Omaha plat was registered on July 18, 1884. Two years later, South Omaha was incorporated as a city. By 1890,

240-588: The ongoing conversions had resulted in same-store sales rising more than 17% in the November-January fiscal quarter. All Gordmans stores were closed on or before September 27, 2020. On May 25, 2022, Gordmans, along with Stage , Bealls , Palais Royal , Peebles , Goody's , The Bon-Ton , Bergner's , Boston Store , Carson's , Elder-Beerman , Herberger's , and Younkers , were all acquired by BrandX, with intentions to bring all of these brands back around 2022-2023. South Omaha, Nebraska South Omaha

256-451: Was among the first to incorporate central checkouts, shopping carts, and self-service shoes to Omaha and was also one of the first stores to be open on Sundays. In 1975, Gordmans stores locations of 19 states New York, Ohio, Illinois, Tennessee, Virginia, Nebraska, Iowa, Indiana, Kansas, Kentucky, Texas, Pennsylvania, Colorado, Utah, North Carolina, Missouri, Wisconsin, Michigan, Minnesota, test store in South Omaha at 25th and L Streets named

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