Connect with us

Headlines

Stage Stores Transition to Off-Price Banner

The retailer will begin converting its remaining department stores in February

mm

Published

on

Stage Stores Inc. (Houston) is planning to close about 40 stores in order to convert it to its off-price Gordmans stores by 2020, according to Chain Store Age. There will be a limited number of stores that will continue operating under its existing department stores.

“…Off-price conversions have consistently delivered higher sales with less inventory, similar retail margins, and lower SG&A,” says Michael Glazer, CEO, Stage Stores Inc.

 

Advertisement

SPONSORED HEADLINE

7 design trends to drive customer behavior in 2024

7 design trends to drive customer behavior in 2024

In-store marketing and design trends to watch in 2024 (+how to execute them!). Learn More.

Promoted Headlines

Most Popular