OMAHA, Neb. (AP) — Department store operator Gordmans is filing for bankruptcy protection and plans to liquidate the inventory of its 106 discount stores.
The Omaha, Nebraska-based company announced Monday it had filed for Chapter 11 bankruptcy protection.
Gordmans had posted losses in five of its last six quarters. It’s stock price fell to 6 cents a share Monday after the announcement.
Full story from Associated Press on WOODTV.com.