Did Stage Stores go out of business?
Did Stage Stores go out of business?
US off-price department store operator Stage Stores is to wind down its business after failing to find a buyer. The move to liquidate the company and shutter all 720 stores has been approved by a Texas bankruptcy court, and completes plans announced in May when the retailer filed for Chapter 11 bankruptcy protection.
Who bought out Stage Stores?
Bealls Inc.
Bealls Inc. bought Stage Stores’ intellectual property, including the trade name of Stage’s Bealls banner, as well as fee rights to a distribution center for some $7 million.
Did Gordmans buy Stage?
Stage Stores, Inc. Specialty Retailers, Inc. 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.
Is Bealls and Stage the same?
The intellectual property acquired by Bealls includes the trademarks and trade names for Stage Stores, Goody’s, Gordmans, Palais Royal, and Peebles – as well as the national rights for the Bealls name. In addition, Bealls acquired all of Stage’s private label brands and customer lists.
What happened Stage department stores?
Stage Stores operated 738 conventional department stores and off-price stores under multiple brands at the time it filed for Chapter 11 protection in May. The company has since liquidated all stores.
Can you shop online at Stage Stores?
Take Advantage of Today’s Deals Some deals are available only online, while others can also be used in-store.
What happened to Stage Stores Inc?
Bealls also acquired all of Stage’s private label brands and customer lists. Bradenton, Fla. -based Bealls Inc. has acquired Stage Stores Inc.’s intellectual property and a large Texas distribution facility in a $7 million bankruptcy sale. The intellectual property acquired by Bealls Inc.
Is Bealls outlet owned by Stage Stores?
Bealls Inc., founded in 1915, operates more than 550 stores in 17 states under the names of Bealls, Bealls Outlet, Burkes Outlet, Home Centric and Bunulu. It is not affiliated with the Bealls stores operated by Stage Stores.
Who owns gordmans?
Stage StoresGordmans / Parent organization
Who bought out Gordmans?
Stage Stores
Stage Stores bought Gordmans in 2017 following its own bankruptcy. However, the retailer’s troubles began in part due to slumping sales and a disappointing holiday season.
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