VERNON TOWNSHIP — Gordmans, the off-price retail department store in the Park Avenue Plaza, will reopen Thursday to begin shutting down.
The Meadville-area location is one of five in northwestern Pennsylvania scheduled to reopen Thursday to begin liquidation sales, according to the firm's website.
In May, Gordmans' parent firm, Stage Stores Inc. of Houston, Texas, filed for federal Chapter 11 bankruptcy protection to reorganize its debts due to the shutdown from the pandemic.
In announcing the filing, the company said it would try to find a buyer for the business or any of its assets, but also start "an orderly wind-down of operations" of all of its various stores.
The company said it filed for bankruptcy because it couldn't find financing due to the tough retail market became harder with shutdowns due to the COVID-19 pandemic.
In February, Gordmans opened in the plaza, taking the place of the former Peebles department store. The Peebles brand locations, also owned by Stage Stores, were converted to Gordmans, which offered low-price, name-brand clothing, home decor, jewelry, fragrances, toys and pet accessories.
Other area Peebles locations converted to Gordmans were in Erie, Corry, Greenville and New Castle. Those four stores also reopen Thursday to begin liquidation while a store in Ashtabula, Ohio, reopened last Thursday to begin its selloff.
Keith Gushard can be reached at 724-6370 or by email at email@example.com.