Stage Stores was trying to get itself on a better financial footing after a weak 2019 holiday season — but then along came COVID-19, which forced the company to close its stores for weeks. Amid Chapter 11 bankruptcy rumors, Stage Stores, Inc. has reportedly laid off corporate staff and slated dozens of doors for closure. Stage Stores to convert 70 to 80 department stores to Gordmans, close 40 to 60 others By Marianne Wilson - 03/07/2019 Get great content like this right in your inbox. Stage Stores cuts staff, closes dozens of stores Dozens of locations under the Gordmans banner, which the retailer has staked its future on, are closing as … The Stage Stores in Alpine, a West Texas town of about 6,000, closed late March when its Houston parent temporarily shuttered its 738 stores and furloughed virtually all of its employees. Read full article. RELATED: Pier 1 Has Started Liquidating Their 950 Stores 2. The retailer has recently reopened 1,100 of its 2,800 U.S. stores. Stage Stores, which owns Gordmans, Bealls, and Goody’s, has closed all 700 locations. The Stage Store located in Marshall is hosted a closing sale amid the COVID-19 outbreak, with alternate store hours and safety regulations in place … business Retail. Stage Stores Reportedly Closing 60 Doors, Laying Off Staff as Chapter 11 Rumors Heat Up. Stage Stores, which owns and operates the businesses, ... Sears is closing stores in Freehold, Livingston, Moorestown, New Brunswick and Woodbridge. Bealls owner files for bankruptcy Houston-based Stage Stores, which operates 19 mostly Bealls stores in North Texas, says it plans to conduct liquidation sales as stores … The stores are expected to close … On May 19, Pier 1 Imports announced that instead of closing half their stores forever, they were calling it quits and that all 950 stores would be closing. Stage Stores (Stage, Goody’s, Palais Royal, Bealls, Peebles, Gordmans) This comes on top of a separate report that said Stage was closing 60 of its existing Gordmans in addition to ten other department store locations that … Ella Chochrek. In June 2020, Signet Jewelers announced that they would permanently close 150 stores in the U.S., and another 80 in the U.K, with another 150 stores to close by the end of 2020. Stage’s plans to convert about 220 stores to the Gordmans brand by the middle of 2020 helped drive up its stock price earlier this year, even after it missed holiday forecasts, the company said.