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42:
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441:' 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 the specialty department store business model, moving the brand to the off-price retail sector, more resembling stores like
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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).
398:
In 1996, SRI completed 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
654:
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 the department store market and instead go all in
667:
for $ 7 million. Notably, this allowed the
Florida chain to use the Bealls name nationwide; previously, Stage owned the rights to the Bealls name nationwide, except in Arizona, Florida and Georgia. Bealls also acquired the rights to the names of Stage's other chains, as well as all of its private
662:
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 a buyer. On
October 21, 2020, Stage sold its intellectual property and a
460:
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
325:
and 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.
658:
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.
279:
brand name apparel, accessories, cosmetics, footwear, and housewares throughout the United States. Stores were usually located in shopping malls and centers or in standalone locations. The corporate office was located in
668:
label brands and customer lists. In 2022, New York-based online company BrandX acquired Stage Stores, Goodys, Gordmans, Palais Royal, and
Peebles, as well as their private brands and plans to relaunch them online.
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bankruptcy. Closures as part of 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.
1113:
409:
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
943:
539:). Acquired in 1996. In addition to the Uhlman's name, Uhlman's operated Milliken's stores in Michigan. All were renamed Stage, except for the Milliken's locations in Michigan in
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name through the Goody's bankruptcy auction in 2009. The nameplate was used in markets with a strong customer awareness and brand recognition of the name.
835:
1039:
465:
410:
315:
92:
645:). Acquired February 2006. By November 2006, 69 of these 76 stores were converted to the Peebles name and format, and the other nine were closed.
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992:
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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
329:
Exclusive brands of the company included
Valerie Stevens, Signature Studio, Sun River, Rustic Blue, Rebecca Malone, and Wishful Park.
1264:
291:
Stage Stores operated 782 department stores in 42 states, almost all of which were eventually converted to their flagship brand,
430:
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
1139:
625:) Most of these locations operated as Hub Clothing Stores before the 1998 acquisition, when all 15 stores converted to Stage.
772:
450:
1091:
131:
395:. The remainder were small specialty stores known as Stage Stores, which had already become part of SRI's operation.
311:
nameplates before transitioning away from that business model and toward an off-price positioning in 2019 and 2020.
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1114:"A&G Completes Bankruptcy Sale of Stage Stores' Texas Distribution Center and Other Real Estate Assets"
965:
1067:"Stage Stores files for bankruptcy, says it will liquidate more than 700 stores if it can't find a buyer"
50:
629:
944:"Stage Stores Announces the Sale of its Steele's Off-Price Division to the Hilco Global Retail Group"
634:
295:, which it acquired in 2017. Historically, Stage Stores operated full-price retail outlets under the
383:
In June 1992, Stage Stores, then known as Specialty Retailers, Inc. (SRI), acquired Colorado-based
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595:) Acquired 1997, most stores converted to Stage, while some Anthony's, such as those located in
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453:. As part of expanding the brand, Stage Stores opening their first new Gordmans store in
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Stage Stores, Inc. has acquired many stores over the years, including the following:
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Through a series of acquisitions the company grew to 793 stores as of July 29, 2017.
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780:
431:
17:
836:"Stage Stores files for Ch. 11 bankruptcy, latest retailer felled by coronavirus"
387:, Inc., a family-owned business with 71 stores, most of which were comparable to
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510:
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384:
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1099:
576:
318:
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359:: Eastern and upper midwestern areas of US. (department store, founded 1891)
276:
918:"Stage Stores Announces the Launch of Steele's, Its New Off-Price Concept"
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966:"Some Gordmans department stores bought by rival, will remain open"
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Stage expanded into the Northwest with the acquisition in 1997 of
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347:: Texas-based (department store, founded 1923) (previously owned)
688:
536:
165:
1040:"Stage Stores Announces Total Company Conversion to Off-Price"
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472:
rising more than 17% in the November-January fiscal quarter.
555:
which operated as Stage-Milliken until their closure in 2001.
365:: Midwestern-based (off-price department store, founded 1915)
807:"Stage Stores files for bankruptcy as pandemic chokes sales"
314:
On May 11, 2020, Stage Stores announced it had filed for
275:
was a department store company specializing in retailing
152:
Apparel, Accessories, Cosmetics, Footwear, and Housewares
1215:
Companies formerly listed on the New York Stock Exchange
993:"Stage Stores shopping for bargain hunters in Rosenberg"
1240:
Companies that filed for Chapter 11 bankruptcy in 2020
1235:
Companies that filed for Chapter 11 bankruptcy in 2000
1220:
Companies traded over-the-counter in the United States
468:, even though the ongoing conversions had resulted in
1260:
Companies disestablished due to the COVID-19 pandemic
773:"Discount retailer Stage Stores files for bankruptcy"
371:: Southeastern-based (department store, founded 1953)
517:). Acquired in 1994, all stores converted to Stage.
495:). Acquired in 1992, all stores converted to Stage.
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245:
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227:
210:
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118:
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88:
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60:
759:." Stage Stores. Retrieved on December 14, 2009.
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798:
1012:"Stage Stores converts to an off-price future"
663:distribution center in Texas to Florida-based
353:: Texas-based (department store, founded 1921)
1140:"BrandX to Relaunch Bon-Ton, Carson's Stores"
1092:"Stage/Milliken closing in next three months"
8:
32:
1034:
1032:
706:"Stage Stores Inc. Annual Income Statement"
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765:
49:
40:
31:
739:"Stage Stores Inc. Annual Balance Sheet"
341:: South Central-based (department store)
1250:Retail companies disestablished in 2020
829:
827:
677:
1225:Department stores of the United States
7:
1245:Retail companies established in 1988
464:In May 2020, Stage Stores filed for
1046:(Press release). September 17, 2019
862:"Beall-Ladymon stores change hands"
733:
731:
700:
698:
683:
681:
416:In 2003, Stage Stores acquired 136
55:Stage Stores, Inc. Corporate Office
991:Takahashi, Paul (March 22, 2018).
972:. Associated Press. March 30, 2017
886:Harrington, Carly (July 9, 2009).
860:Ford, Kelly (September 26, 1994).
25:
1120:(Press release). October 21, 2020
1098:. January 4, 2001. Archived from
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1065:Bhattarai, Abha (May 11, 2020).
834:Takahashi, Paul (May 11, 2020).
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181:
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161:
160:
689:"Stage Stores Company Profile"
1:
1255:2002 initial public offerings
946:. Hilco Global. March 6, 2014
805:Remkat, Rama (May 11, 2020).
420:stores located in 17 states.
399:1994 under the "Stage" name.
1010:Ryan, Tom (March 12, 2019).
1281:
1230:Companies based in Houston
1096:Traverse City Record-Eagle
655:as an off-price retailer.
599:, became Bealls locations.
437:Stage Stores acquired the
423:The company purchased the
124:William J. Montgoris (Non-
888:"Goody's name, logo sold"
260:Archived official website
251:BrandX.com (2022-present)
231:BrandX.com (2022-present)
223:US$ 254.53 million (2019)
206:US$ 794.25 million (2019)
48:
39:
35:Specialty Retailers, Inc.
1265:Re-established companies
76: (36 years ago)
892:Knoxville News Sentinel
777:The Wall Street Journal
29:American retail company
630:B. C. Moore & Sons
406:and Tri-North stores.
1071:Philadelphia Inquirer
650:Future and bankruptcy
466:Chapter 11 bankruptcy
93:Chapter 11 bankruptcy
1102:on January 24, 2001.
997:HoustonChronicle.com
691:. December 12, 2019.
266: (archive index)
743:www.marketwatch.com
710:www.marketwatch.com
237:Number of employees
168:1.64 billion (2019)
130:Michael L. Glazer (
110:Number of locations
36:
33:Stage Stores, Inc.
1144:Women's Wear Daily
924:. October 11, 2011
241:13,600 (Feb. 2019)
126:Executive Chairman
18:Stage Stores, Inc.
866:Arkansas Business
840:Houston Chronicle
560:C. R. Anthony Co.
404:C. R. Anthony Co.
323:COVID-19 pandemic
270:
269:
16:(Redirected from
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1199:Official website
1193:
1191:Companies portal
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898:on July 12, 2009
894:. Archived from
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716:on June 12, 2020
712:. Archived from
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470:same-store sales
457:in March, 2018.
455:Rosenberg, Texas
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140:Steve Williams (
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757:Company Profile
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597:Amarillo, Texas
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264:Wayback Machine
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1163:External links
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1146:. May 23, 2022
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541:Traverse City
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499:Beall-Ladymon
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1177:Texas portal
1148:. Retrieved
1143:
1134:
1124:November 16,
1122:. Retrieved
1117:
1108:
1100:the original
1095:
1086:
1074:. Retrieved
1070:
1060:
1048:. Retrieved
1043:
1019:. Retrieved
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1005:
996:
986:
974:. Retrieved
969:
960:
948:. Retrieved
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926:. Retrieved
921:
912:
900:. Retrieved
896:the original
891:
881:
869:. Retrieved
865:
855:
843:. Retrieved
814:. Retrieved
810:
785:. Retrieved
781:Fox Business
751:
742:
718:. Retrieved
714:the original
709:
665:Bealls, Inc.
661:
657:
653:
628:
602:
558:
520:
498:
484:
479:
476:Acquisitions
463:
459:
436:
432:Hilco Global
429:
422:
415:
408:
401:
397:
389:Palais Royal
382:
379:
351:Palais Royal
339:Stage Stores
338:
328:
313:
301:Palais Royal
290:
273:Stage Stores
272:
271:
213:Total equity
196:Total assets
99:Headquarters
26:
976:October 24,
902:October 24,
511:Mississippi
485:Fashion Bar
385:Fashion Bar
187:−87.9
1209:Categories
1150:August 28,
1118:PRNewswire
1016:RetailWire
672:References
623:Washington
577:New Mexico
451:Burlington
411:Chapter 11
319:bankruptcy
316:Chapter 11
175:Net income
120:Key people
114:786 (2019)
1201:(Archive)
950:March 29,
603:Tri-North
507:Louisiana
443:T.J. Maxx
277:off-price
132:President
928:April 2,
871:June 12,
720:June 12,
581:Oklahoma
549:Manistee
545:Cadillac
533:Michigan
525:Illinois
521:Uhlman's
503:Arkansas
489:Colorado
439:Gordmans
363:Gordmans
293:Gordmans
149:Products
61:Industry
1076:May 12,
1050:May 12,
1021:May 12,
845:May 11,
816:May 11,
811:Reuters
787:May 11,
779:. (via
635:Georgia
611:Montana
593:Wyoming
565:Montana
529:Indiana
493:Wyoming
425:Goody's
418:Peebles
376:History
369:Goody's
357:Peebles
309:Goody's
305:Peebles
282:Houston
262:at the
256:Website
157:Revenue
79: (
71:Founded
619:Oregon
615:Nevada
589:Kansas
573:Oregon
551:, and
515:Kansas
449:, and
393:Bealls
345:Bealls
333:Chains
297:Bealls
247:Parent
65:Retail
607:Idaho
585:Texas
569:Idaho
286:Texas
228:Owner
1152:2022
1126:2020
1078:2020
1052:2020
1023:2020
978:2019
952:2014
930:2013
904:2019
873:2014
847:2020
818:2020
789:2020
722:2020
537:Ohio
447:Ross
391:and
185:US$
166:US$
89:Fate
81:1988
74:1988
633:, (
142:CIO
136:CEO
1211::
1142:.
1116:.
1094:.
1069:.
1042:.
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