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.
27-516: 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,
54-599: 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
81-730: 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
108-440: A series of acquisitions the company grew to 793 stores as of July 29, 2017. In June 1992, Stage Stores, then known as Specialty Retailers, Inc. (SRI), acquired Colorado-based Fashion Bar , Inc., a family-owned business with 71 stores, most of which were comparable to Palais Royal and Bealls . The remainder were small specialty stores known as Stage Stores, which had already become part of SRI's operation. In 1996, SRI completed
135-664: 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
162-520: The Bealls , Palais Royal , Peebles , Stage, and Goody's nameplates before transitioning away from that business model and toward an off-price positioning in 2019 and 2020. On May 11, 2020, Stage Stores announced it had filed for Chapter 11 bankruptcy after failing to find a buyer for the chain. The company had suffered poor sales in the 2019 holiday season, and after the onset of the COVID-19 pandemic and
189-530: 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
216-601: 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
243-505: The United States. Stores were usually located in shopping malls and centers or in standalone locations. The corporate office was located in Houston , Texas . Stage Stores operated 782 department stores in 42 states, almost all of which were eventually converted to their flagship brand, Gordmans , which it acquired in 2017. Historically, Stage Stores operated full-price retail outlets under
270-500: 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
297-515: The bankruptcy included most of the former Fashion Bar, Milliken's, Tri-North, and Uhlman's stores, as well as an exodus from Wisconsin, Michigan, and Minnesota. In 2003, Stage Stores acquired 136 Peebles stores located in 17 states. The company purchased the Goody's name through the Goody's bankruptcy auction in 2009. The nameplate was used in markets with a strong customer awareness and brand recognition of
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#1732877278264324-466: 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
351-538: 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
378-804: The closure of the other Fashion Bar Stores but retained the Stage name. The company purchased the forty-nine stores of Beall-Ladymon, Inc., sold by company president Horace Ladymon. The outlets were located in Arkansas, Kansas, Louisiana, and Mississippi; they were reopened in 1994 under the "Stage" name. Stage expanded into the Northwest with the acquisition in 1997 of C. R. Anthony Co. and Tri-North stores. The company acquired Uhlmans in 1996, which brought Stage to Michigan, Illinois, and Indiana. All of these newly acquired stores, however, were closed by 2001 when Stage Stores filed for Chapter 11 bankruptcy. Closures as part of
405-453: 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
432-604: 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
459-480: 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
486-578: The department store market and instead go all in as an off-price retailer. By the end of fiscal year 2020, Stage planned to operate approximately 700 Gordmans Stores. CEO Michael Grazer cited the high sales increases in locations that had already been converted as the main factor in this decision. After the COVID-19 pandemic caused most of its stores to temporarily close, Stage Stores announced that it would enter bankruptcy proceedings and liquidate its inventory, except for individual stores for which it could find
513-407: The ensuing retail shutdowns that began in March 2020, Stage Stores was unable to secure financing that would allow the continued operation of the chain. The company said that it would begin inventory liquidation sales at stores as soon as they could reopen. Exclusive brands of the company included Valerie Stevens, Signature Studio, Sun River, Rustic Blue, Rebecca Malone, and Wishful Park. Through
540-498: The high sales increases in the locations that were converted in 2018 as the deciding factor in 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). In May 2020, Stage Stores filed for Chapter 11 bankruptcy , even though
567-734: 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 Stage Stores was a department store company specializing in retailing off-price brand name apparel, accessories, cosmetics, footwear, and housewares throughout
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#1732877278264594-509: The name. In 2011, Stage Stores began a new chain called Steele's, but in March 2014 it was announced that these stores are being sold to Hilco Global . Stage Stores acquired the Gordmans ' assets in March 2017 after becoming the winning bidder in a bankruptcy sale. The company announced that it planned to run at least 50 stores and one of Gordmans’ distribution centers. Under the direction of Stage Stores, Gordmans began to transition away from
621-463: 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,
648-520: The ongoing conversions had resulted in same-store sales rising more than 17% in the November-January fiscal quarter. Stage Stores, Inc. has acquired many stores over the years, including the following: On September 17, 2019, Stage Stores announced plans to convert all remaining Stage, Bealls, Palais Royal, Peebles, and Goodys department store locations into Gordmans stores by the end of 2020. This would mean that Stage Stores would completely exit
675-529: 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
702-504: The specialty department store business model, moving the brand to the off-price retail sector, more resembling stores like T.J. Maxx , Ross , and Burlington . As part of expanding 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
729-451: 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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