Gordmans was founded when Dan Gordman married into the Richman family, who operated a small clothing store in Omaha, Nebraska. Gordman became a full partner in the company when he married Esther Richman. The company expanded and in 1948, was renamed Richman Gordman.
In 1975, the company opened a small store named the 1/2 Price Store, which offered merchandise from the Richman Gordman locations at 50 to 75 percent off. In 1990, the 1/2 Price Store had more than 16 locations, as well as 16 Richman Gordman stores.
In 1992, the company filed for bankruptcy and reorganized so that all 1/2 Price Stores were renamed to Gordmans. Sun Capital Partners purchased the company in 2008 and took it public in 2010. Gordmans is publicly traded on the NASDAQ under the ticker symbol: GMAN.
Gordmans has 99 locations in 22 states, mostly in the Mid West.
In 2019, Stage Stores began converting other retail chains it owned into Gordmans stores, with the goal of having 700 Gordmans stores in 42 states by the end of 2020.
In May 2020, Stage Stores filed for Chapter 11 bankruptcy and began liquidating its stores. Although a buyer for Stage could have prevented liquidation, Stage later announced that they would proceed with going out of business sales at all locations.
All Gordman’s were officially closed August 29, 2020.
Gordmans was founded when Dan Gordman married into the Richman family, who operated a small clothing store in Omaha, Nebraska. Gordman became a full partner in the company when he married Esther Richman. The company expanded and in 1948, was renamed Richman Gordman.
History
In 1975, the company opened a small store named the 1/2 Price Store, which offered merchandise from the Richman Gordman locations at 50 to 75 percent off. In 1990, the 1/2 Price Store had more than 16 locations, as well as 16 Richman Gordman stores.
In 1992, the company filed for bankruptcy and reorganized so that all 1/2 Price Stores were renamed to Gordmans. Sun Capital Partners purchased the company in 2008 and took it public in 2010. Gordmans is publicly traded on the NASDAQ under the ticker symbol: GMAN.
Gordmans has 99 locations in 22 states, mostly in the Mid West.
In 2019, Stage Stores began converting other retail chains it owned into Gordmans stores, with the goal of having 700 Gordmans stores in 42 states by the end of 2020.
In May 2020, Stage Stores filed for Chapter 11 bankruptcy and began liquidating its stores. Although a buyer for Stage could have prevented liquidation, Stage later announced that they would proceed with going out of business sales at all locations.
All Gordman’s were officially closed August 29, 2020.