No, Gordmans stores no longer exist as operational retail outlets. The brand, along with other chains operated by its parent company, ceased operations following a bankruptcy and liquidation process.
The End of Gordmans Retail Operations
Gordmans, known for its off-price retail model, was part of Stage Stores, a company that operated several department store and off-price brands across the United States. Unfortunately, Stage Stores faced significant financial challenges, leading to the ultimate closure of all its properties, including Gordmans.
Key Events Leading to Closure
The cessation of Gordmans' operations was a direct result of its parent company's financial distress and subsequent actions:
| Event | Date / Period | Description |
|---|---|---|
| Bankruptcy Filing | May 2020 | Stage Stores, the parent company of Gordmans, filed for Chapter 11 bankruptcy protection. This move initiated a legal process to reorganize or liquidate the company's assets. |
| Liquidation Commencement | May 2020 | Immediately following the bankruptcy filing, Stage Stores began the comprehensive process of liquidating its entire portfolio of stores across all its brands. |
| Permanent Store Closures | Post-May 2020 | Despite initial considerations for a potential buyer that could have prevented liquidation, Stage Stores ultimately announced that it would proceed with "going out of business" sales at all its locations. This included every Gordmans store, such as the one previously located in Algonquin, Illinois, leading to their permanent closure. |
This process meant that all Gordmans locations, which had been converted from other Stage Stores brands in many areas, were systematically closed down as part of the company's efforts to wind down operations. The liquidation sales marked the final opportunity for customers to purchase merchandise before the stores closed their doors permanently.
What Happened to Stage Stores?
Stage Stores, Inc., the parent company that owned and operated Gordmans, ultimately liquidated all its assets and ceased all retail operations. The company's decision to proceed with going out of business sales at all locations confirmed the complete discontinuation of its retail presence in the market, taking the Gordmans brand with it.
