A Casualty Of The Pandemic, Gordmans Files For Bankruptcy

Gordmans department store in North Adams opened in February, closed a month later because of the pandemic, and now may open only to liquidate.

IBerkshires.com reports that the discount retailer's parent company, Stage Stores, filed for voluntary Chapter 11 bankruptcy on March 10th with the intent to wind-down its more than 600 outlets if necessary, in part because of the financial impact of the novel coronavirus

Stage Stores operates more than 600 Bealls, Goody's, Palais Royal, Peebles and specialty stores in 42 states, along with the more than 150 Gordmans that have already been converted or opened.

The company announced a listing of 557 stores that will reopen on Friday; the second phase of 67 will open May 28 and the rest on June 4.