gordmans

Retail
Stage Stores Files For Chapter 11

Stage Stores has filed voluntary petitions under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division. The company will simultaneously solicit bids for a going concern sale of the business or any of its assets and initiate an orderly wind-down of operations. The company will terminate the wind-down of operations at certain locations if it receives a viable going-concern bid.

Retail
Stage Stores Temporarily Closes Stores

Stage Stores recently aimed to reduce costs and preserve liquidity in response to increasingly challenging market conditions and the impact of the pandemic.

Retail
Stage Stores Addresses NYSE Listing Standards

Stage Stores has received notification from the New York Stock Exchange that the company is no longer in compliance with the NYSE continued listing criteria that requires listed companies to maintain an average closing share price of at least $1.00 over a consecutive 30 trading-day period.

Financials
Stage Stores Holiday Comps Rise

Stage Stores has reported comparable sales for the holiday period. For the nine-week period ended January 4, 2020, comparable sales increased 1.4% as compared to the nine-week period ended January 5, 2019.

Retail
Stage Stores Addresses NYSE Listing Standards

Stage Stores has received notification from the New York Stock Exchange on June 20, 2019, that the company is no longer in compliance with the NYSE continued listing criteria that requires listed companies to maintain an average closing share price of at least $1.00 over a consecutive 30 trading-day period.

Retail
Gordmans Opens New Ohio Store

A new Gordmans store has opened at The Shoppes at Parma in Parma, OH. The new store joins a mall that features a remodeled J.C. Penney, expanded Walmart and a new Dick’s Sporting Goods, according to PECO Real Estate Partners.

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