Tuesday, September 17, 2019

Stage Stores goes all in on off-price

Chain Store Age
Stage Stores Inc. will close about 40 stores as part of a plan to substantially convert to its off-price Gordmans banner.

Stage plans to begin converting its remaining department stores in February 2020, and expects to be operating approximately 700 predominantly small-market Gordmans off-price stores by the third quarter of fiscal 2020. A limited number of stores may continue to operate under their existing department store nameplates until closure is permitted by lease.. . . more

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