Gordmans

Bealls Inc investing in the future

Retrieved on: 
Thursday, October 22, 2020

The intellectual property includes the trademarks and trade names for Stage Stores, Goody's, Gordmans, Palais Royal, Peebles, and Bealls.

Key Points: 
  • The intellectual property includes the trademarks and trade names for Stage Stores, Goody's, Gordmans, Palais Royal, Peebles, and Bealls.
  • In addition, Bealls, Inc. has acquired all the private label brands and customer lists that belonged to Stage Stores.
  • While Bealls Inc. had rights to use the name Bealls in Florida, Georgia and Arizona, Stage had previously owned the rights to use the name nationally.
  • Matt Beall, CEO and Executive Chairman for Bealls, Inc.
    About Bealls Inc. Headquartered in Bradenton, Florida since 1915, the family-owned corporation now operates more than 540 retail stores in 17 states under the names Bealls, Bealls Outlet, Burkes Outlet, Home Centric and Bunulu and online at beallsflorida.com and burkesoutlet.com.

GOING-OUT-OF-BUSINESS SALES ARE NOW UNDERWAY AT ALL GORDMANS & STAGE STORES

Retrieved on: 
Thursday, July 16, 2020

Boston, MA, July 16, 2020 (GLOBE NEWSWIRE) -- Joint venture partners Gordon Brothers and Hilco Merchant Resources announced that they have commenced Going-Out-of-Business sales at 720 Stage Stores, Inc. locations including Gordmans and all associated brand stores across the United States.

Key Points: 
  • Boston, MA, July 16, 2020 (GLOBE NEWSWIRE) -- Joint venture partners Gordon Brothers and Hilco Merchant Resources announced that they have commenced Going-Out-of-Business sales at 720 Stage Stores, Inc. locations including Gordmans and all associated brand stores across the United States.
  • The challenging preexisting market conditions were exacerbated by the COVID-19 pandemic and prevented the retailer from obtaining the required financing to continue operating stores outside of bankruptcy.
  • While the Company continues to follow a dual path, going-out-of-business sales have now commenced across all Gordmans and Stage stores as well as Bealls, Goodys, Palais Royal and Peebles stores.
  • Beginning today, customers can take advantage of storewide discounts of up to 60 percent off original ticketed prices.

Stage Stores Reports 1.4% Comparable Sales Increase for Holiday Period, Revises Annual Guidance

Retrieved on: 
Monday, January 13, 2020

Stage Stores, Inc. (NYSE: SSI) today reported comparable sales for the holiday period.

Key Points: 
  • Stage Stores, Inc. (NYSE: SSI) today reported comparable sales for the holiday period.
  • Holiday comparable sales were primarily impacted by lower pre-conversion department store sales relative to our projections, and by the warmer holiday season.
  • In January, comparable sales are off to a strong start, with the first week increasing double digits.
  • Additionally, based on the pivot to Gordmans off-price stores, the company is no longer including dropship sales from its transactional department store site in the comparable sales calculation.

You're Never Too Old for a Bear Hug: Stage and Gordmans' BEARS that CARE Support St. Jude Children's Research Hospital®

Retrieved on: 
Monday, November 4, 2019

Miguel and Bella have childhood cancer and are getting the expert care they need from St. Jude Children's Research Hospital .

Key Points: 
  • Miguel and Bella have childhood cancer and are getting the expert care they need from St. Jude Children's Research Hospital .
  • This holiday season, Stage and its community of stores, including Gordmans, are bringing the St. Jude mission into its stores with BEARS that CARE.
  • Now through New Year's Eve, guests can help families by purchasing the bears for under $10; Stage and Gordmans will donate $2 of each bear sale to St. Jude.
  • "I give thanks this holiday season for the loyal support of Stage Stores as we kick off the St. Jude Thanks and Giving campaign," said Marlo Thomas, National Outreach Director for St. Jude Children's Research Hospital.

Stage Stores Announces In-Store Package Pick-up with Amazon Hub Counter

Retrieved on: 
Wednesday, October 23, 2019

Stage Stores, Inc. (NYSE: SSI) announced today that customers now have the option to pick-up Amazon orders at their local Gordmans off-price and Stage department stores.

Key Points: 
  • Stage Stores, Inc. (NYSE: SSI) announced today that customers now have the option to pick-up Amazon orders at their local Gordmans off-price and Stage department stores.
  • The Stage community of stores has launched Amazon Hub Counter in over 500 locations nationwide and plans to roll out Counter to its remaining stores before the end of year.
  • Michael Glazer, Chief Executive Officer, commented, We began piloting the Amazon Hub Counter service a few months ago and are thrilled with the early results.
  • Amazon Hub Counter provides Amazon shoppers with the option to select convenient shipping to their nearby Stage or Gordmans store location at no additional cost.

Be a HERo: Help Gordmans Fund Another Breast Cancer Research HERo

Retrieved on: 
Tuesday, October 22, 2019

HOUSTON, Oct. 22, 2019 /PRNewswire/ --Breast cancer is the second-leading cause of cancer death among women in the U.S. which is why Gordmans, as part of the Stage community of stores, is renewing its pledge to support the Breast Cancer Research Foundation (BCRF).

Key Points: 
  • HOUSTON, Oct. 22, 2019 /PRNewswire/ --Breast cancer is the second-leading cause of cancer death among women in the U.S. which is why Gordmans, as part of the Stage community of stores, is renewing its pledge to support the Breast Cancer Research Foundation (BCRF).
  • These donations fueled nearly 24,000 hours of breast cancer research and, during 2018, we raised enough money to fund a full year of research under a grant named The Stage Community Counts Award.
  • Dr. Brown's area of focus isTriple Negative Breast Cancer (TNBC), a particularly aggressive type of breast cancer, which makes up 10-15% of all breast cancer diagnoses.
  • We invite Gordmans guests to join us in funding another Research HERo to help end breast cancer."

Stage Stores Announces Total Company Conversion to Off-Price

Retrieved on: 
Tuesday, September 17, 2019

Stage Stores, Inc. (NYSE: SSI) today announced plans to convert substantially all its stores to off-price.

Key Points: 
  • Stage Stores, Inc. (NYSE: SSI) today announced plans to convert substantially all its stores to off-price.
  • Based on the success of the conversion strategy, the Company plans to begin converting its remaining department stores in February of 2020, and expects to be operating approximately 700 predominantly small-market Gordmans off-price stores by the third quarter of fiscal 2020.
  • The Company plans to close approximately 40 stores during fiscal 2020.
  • As of September 17, 2019, the company operates in 42 states through 625 BEALLS, GOODY'S, PALAIS ROYAL, PEEBLES, and STAGE specialty department stores and 158 GORDMANS off-price stores, as well as an e-commerce website at www.stage.com .

Stop and Shop Now Featuring Dunkin’ Coffee Thins™

Retrieved on: 
Monday, March 25, 2019

Tierra Nueva , the Miami-based coffee technology company majority owned by ProspEquity Partners , today announced the placement of Dunkin Coffee Thins on Stop and Shop grocery store shelves nationwide.

Key Points: 
  • Tierra Nueva , the Miami-based coffee technology company majority owned by ProspEquity Partners , today announced the placement of Dunkin Coffee Thins on Stop and Shop grocery store shelves nationwide.
  • The rich, creamy confectionery treats are made using whole Dunkin coffee beans crafted into silky-smooth, edible squares that are combined with other natural ingredients.
  • The edible thins offer a convenient and delicious burst of caffeine in two beloved Dunkin flavors: Original Blend and Caramel.
  • Dunkin Coffee Thins are also available in CVS, Publix Super Markets, Market Basket, HyVee, Giant Eagle (select stores), Southeastern Grocers, Safeway Northern California, Boxed.com, Amazon.com, Ross Stores, Gordmans and other major retail outlets soon to be announced.

Stage Stores Reports Comparable Sales for Holiday Period and Announces Multi-Year Plan to Accelerate Off-Price Growth

Retrieved on: 
Monday, January 14, 2019

On a shifted basis, which compares the nine-week period ended January 5, 2019 compared to the nine-week period ended January 6, 2018, Gordmans off-price stores comparable sales increased 2.4%, department stores comparable sales decreased 0.4%, and total company comparable sales increased 0.1%.

Key Points: 
  • On a shifted basis, which compares the nine-week period ended January 5, 2019 compared to the nine-week period ended January 6, 2018, Gordmans off-price stores comparable sales increased 2.4%, department stores comparable sales decreased 0.4%, and total company comparable sales increased 0.1%.
  • Off-price stores, when compared to our department stores, also benefit from a higher penetration of outperforming non-apparel categories.
  • As a result, off-price comp sales once again increased during the holiday period, despite the headwind created by the November 2017 marketing relaunch.
  • The comparable sales calculation for the holiday period and going forward includes converted stores.