Headlines

Stage Stores Transition to Off-Price Banner

The retailer will begin converting its remaining department stores in February

Published

5 years ago

September 20, 2019

VMSD Staff

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.

MasterClass: ‘Re-Sparkling’ Retail: Using Store Design to Build Trust, Faith and Brand Loyalty

HOW CAN WE EMPOWER and inspire senior leaders to see design as an investment for future retail growth? This session, led by retail design expert Ian Johnston from Quinine Design, explores how physical stores remain unmatched in the ability to build trust, faith, and loyalty with your customers, ultimately driving shareholder value.

Presented by:
Ian Johnston
Founder and Creative Director, Quinine Design