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In 2006 Goody's became a privately held company again when it was acquired by GMM Capital and
Prentice Capital Management in January 2006. Sales in 2006 totaled $ 1.6 billion. In 2008 Goody's filed for Chapter 11 bankruptcy and announced it was to close 69 stores. While Goody's successfully left
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In 1978, the name was changed to "Goody's". "Goody" was the college nickname of M. D. Goodfriend's son Bob, who had joined the family business in 1972. In 1979, Bob
Goodfriend became president of the business and the company changed its merchandise focus from the
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and planned to liquidate all of their stores. Following the liquidation of the stores, the Goody's trademark was acquired by
Houston-based Specialty Retailers (later renamed to Stage Stores) in July 2009, with plans to reopen stores starting later that year.
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clothing line was launched in 1993. By 1998, the chain recorded $ 1 billion in annual sales, and in 2000 it opened its 300th store. By 2004, there were more than 350 stores recording annual sales of $ 1.3 billion.
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included, unless a buyer could be found for the chain. No buyer had been found, and going out of business sales had begun at all locations.
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Brands exclusively found at Goody's include
Valerie Stevens; Signature Studio; Sun River; Rustic Blue; Rebecca Malone; and Wishful Park.
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model to offering current, first-quality, brand-name merchandise. With this new strategic direction, the chain expanded rapidly. A
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In
September 2019 it was announced that Goody's, along with all other stores operated by Stage Stores Inc, would be converted to
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In 2022 BrandX bought the Goody's brand for an undisclosed amount, with intentions of re-establishing it in 2022.
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Chapter 11 bankruptcy, it was announced four months later in early
January 2009 that Goody's had filed for
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519:"Stage Stores files for bankruptcy, says it will liquidate more than 700 stores if it can't find a buyer"
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was an
American chain of department stores, owned and operated by
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544:"Stage parent company scraps plan for conversion into Gordmans"
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492:"Stage Stores Announces Total Company Conversion to Off-Price"
196:. At one time Goody's operated close to 500 stores in the
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Apparel, accessories, cosmetics, footwear, and housewares
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Companies that filed for
Chapter 11 bankruptcy in 2020
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Companies that filed for
Chapter 11 bankruptcy in 2008
466:"Goody's returns with the help of Specialty Retailers"
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Companies that filed for
Chapter 7 bankruptcy in 2009
440:"Goody's retailer files bankruptcy, will liquidate"
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339:On May 10, 2020, Stage announced it had filed for
542:TERRI HARBER, The Daily News (August 6, 2020).
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420:"Goody's Family Clothing Files for Chapter 11"
573:"BrandX to Relaunch Bon-Ton, Carson's Stores"
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188:It was a successor to a chain of clothing
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682:Economy of the Southeastern United States
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692:Retail companies disestablished in 2020
677:Economy of the Midwestern United States
667:Retail companies disestablished in 2009
617:Clothing retailers of the United States
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627:American companies established in 1953
622:Department stores of the United States
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657:Defunct companies based in Tennessee
632:Retail companies established in 1953
170:A former Goody's location in Georgia
402:"Goody's to close 69 of its stores"
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517:Bhattarai, Abha (May 11, 2020).
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299:Goody's was founded in 1953 in
82:2009 (original), 2020 (revival)
66:1953 (original), 2009 (revival)
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687:2009 mergers and acquisitions
175:Goody's Family Clothing Inc.
17:Goody's Family Clothing Inc.
388:, January 18, 2009, page C1
336:stores by the end of 2020.
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672:Companies based in Houston
154:Archived official website
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662:Re-established companies
119:Midwestern United States
385:Knoxville News Sentinel
418:WTVY (June 10, 2008).
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115:Southern United States
523:Philadelphia Inquirer
341:Chapter 11 Bankruptcy
181:and headquartered in
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498:. September 17, 2019
326:Chapter 7 bankruptcy
194:Knoxville, Tennessee
160: (archive index)
470:Glasgow Daily Times
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446:. January 14, 2009
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378:2009-01-18 at the
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141:(2009-2020)
139:Stage Stores
95:Headquarters
43:Company type
250:Mississippi
110:Area served
611:Categories
583:2023-04-08
558:2020-08-14
528:2020-05-12
425:2018-10-15
354:References
143:BrandX.com
90:Bankruptcy
33:Trade name
603:(Archive)
305:Tennessee
274:Tennessee
242:Louisiana
198:U.S South
190:retailers
376:Archived
345:Gordmans
334:Gordmans
282:Virginia
262:Oklahoma
254:Missouri
246:Maryland
238:Kentucky
222:Illinois
210:Arkansas
125:Products
57:Clothing
53:Industry
444:Reuters
295:History
226:Indiana
218:Georgia
214:Florida
206:Alabama
202:Midwest
183:Houston
156:at the
150:Website
99:Houston
79:Defunct
71:Founder
63:Founded
38:Goody's
476:May 6,
313:outlet
301:Athens
284:, and
234:Kansas
134:Parent
278:Texas
103:Texas
504:2020
478:2024
452:2020
266:Ohio
230:Iowa
200:and
87:Fate
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