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Former Gordmans CEO set to make offer for bankrupt retailer


Jeff Gordman, the former CEO of Gordmans, plans to submit a bid for the bankrupt 106-store chain that would rescue it from liquidation. But he isn’t the only interested party.

Stage Stores Inc. also is seriously considering submitting an offer to Gordmans for the purchase of stores and assets, the Omaha World-Herald reported, with an eye to operating at least some of the locations and one warehouse on an ongoing basis. Stage operates about 800 stores under a variety of banners, including Bealls, Peebles and Goody’s.

Gordmans filed for Chapter 11 bankruptcy protection on March 13. The company, which listed total debt of $131 million in its Chapter 11 filing, has reported losses in five of the past six quarters.

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