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Gordmans hopes to find buyer before shuttering stores

Gordmans on Pike Street in Marietta will close if it does not find a buyer. The liquidation sale will begin in a few weeks. (Photo Provided)

MARIETTA — Gordmans will close its stores, including the Marietta location, if it is unable to find a buyer after Stage Stores voluntarily filed Chapter 11 bankruptcy.

Stage Stores, which owns Gordmans, Peebles and Goody’s, closed the Peebles location at 450 Pike Street Suite G and Gordmans took its place last summer.

“Over the last several months, we have been taking significant steps to attempt to strengthen our financial position and find an independent path forward,” the company said on its website. “However, the increasingly challenging market environment was made worse by the COVID-19 pandemic, which required us to temporarily close all of our stores and furlough the vast majority of our associates.”

Stage Stores will begin winding down operations while the business is up for sale but if they find the right buyer, they will slow down the closure of certain locations.

“We hope our actions over the last several months to reposition the business will attract the right partner who is interested in our off-price concept,” Stage Stores CEO Michael Glazer said.

The stores began reopening Friday and will open in phases for liquidation sales.

The second phase will begin May 28 with the last phase scheduled for June 4, the site said.

The Marietta store remains closed and will reopen either May 28 or June 4, according to its website

Once the location reopens, it will follow all safety guidelines for their customers and employees.

“We will continue to follow health authorities’ recommendations and industry best practices as we reopen to ensure our guests and associates feel comfortable in our stores and facilities,” Glazer said.

Although gift cards will no longer be issued, they can still be redeemed and all other customer programs will continue, the site said.

Candice Black can be reached at cblack@newsandsentinel.com.

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