Stage Stores, Inc. (NYSE:SSI) Files An 8-K Other Events
Item 8.01 Other Events
announcing that its subsidiary, Specialty Retailers, Inc., had
closed on its previously announced acquisition of selected assets
of Gordmans Stores, Inc. and its affiliates (collectively,
Gordmans), including a minimum of 50 Gordmans store leases, with
rights to assume leases for an additional seven stores and a
distribution center; all of Gordmans inventory, furniture,
fixtures, equipment and other assets at the 57 store locations;
and trademarks and other intellectual property of Gordmans. A
copy of the news release is attached as Exhibit 99 to this Form
8-K.
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Stage Stores, Inc. news release dated April 7, 2017.
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About Stage Stores, Inc. (NYSE:SSI)
Stage Stores, Inc. operates specialty department stores mainly in small and mid-sized towns and communities. The Company’s department stores offer a range of brand name and private label apparel, accessories, cosmetics, footwear and home goods. The Company operates approximately 830 specialty department stores in over 40 states under the BEALLS, GOODY’S, PALAIS ROYAL, PEEBLES and STAGE nameplates and a direct-to-consumer business. The Company’s direct-to-consumer business consists of its e-commerce Website and Send program. The Company’s e-commerce Website includes a range of merchandise categories found in its stores, as well as other product offerings. The Company’s in-store Send program allows customers to have merchandise shipped directly to their homes if the preferred size or color is not available in their local store. The Company’s private label portfolio brands are developed and sourced through agreements with third-party vendors. Stage Stores, Inc. (NYSE:SSI) Recent Trading Information
Stage Stores, Inc. (NYSE:SSI) closed its last trading session down -0.12 at 2.43 with 627,428 shares trading hands.
