On May 10, 2020, Stage announced it had filed for Chapter 11 bankruptcy, and that it would liquidate all locations, Peebles and Gordmans included, unless a buyer could be found for the chain. No buyer had been found, and going out of business sales had begun at all locations.

Is Peebles closing in Virginia?

The Peebles department store moniker will disappear from most localities across Virginia next year. The retailer, which traces its roots to its first store in Lawrenceville in 1891, plans to convert 30 of its 34 Virginia stores to the off-price Gordmans concept in the spring of 2020.

Are all Gordmans closing?

Stores closing in 2020: 738

The latest retailer to find this out is Stage Stores, the owner of Gordmans off-price stores and a bunch of other regional brands, including Bealls, Goody's and Peebles. The company filed for bankruptcy on May 10 and said it would permanently shut down all of its stores.