Content about Gordmans

November 21, 2014

Lisa Evans has joined Gordmans Stores as EVP and chief merchandising officer as the apparel and home décor retailer looks to restore growth following another disappointing quarter.

Lisa Evans has joined Gordmans Stores as EVP and chief merchandising officer as the apparel and home décor retailer looks to restore growth following another disappointing quarter.

Evans appointment to the head merchant role at the 98 store chain was announced in conjunction with third quarter results that saw same store sales decline 7.8% on top of a prior year decline of 6.1%. Net sales declined 3.1% to $146.7 million. The company reported a net loss of $1.9 million, or 10 cents a share, compared to a prior year profit of $1.1 million, or 6 cents a share.

August 28, 2014

Gordmans Stores new CEO Andy Hall is looking to execute a turnaround at the off price department store chain where weak sales trends and losses indicate he is in for a big challenge.

Gordmans Stores new CEO Andy Hall is looking to execute a turnaround at the off price department store chain where weak sales trends and losses indicate he is in for a big challenge.
 

August 20, 2014

Gordmans Stores five month search for a CEO is over with veteran department store retailer Andrew Hall hired for the top job.

Gordmans Stores five-month search for a CEO is over with veteran department store retailer Andrew Hall hired for the top job.

Hall takes over as president and CEO from Gordmans’ chairman Scott King, who had served as interim CEO since March of this year after Jeff Gordman stepped down as CEO of the 97-unit department store chain.

August 20, 2014

Gordmans Stores five month search for a CEO is over with veteran department store retailer Andrew Hall hired for the top job.

Gordmans Stores five-month search for a CEO is over with veteran department store retailer Andrew Hall hired for the top job.

Hall takes over as president and CEO from Gordmans’ chairman Scott King, who had served as interim CEO since March of this year after Jeff Gordman stepped down as CEO of the 97-unit department store chain.

July 7, 2014

Off-price department store retailer Gordmans Stores is still without a full-time CEO, but the retailer did just fill two key marketing and e-commerce positions.

Off-price department store retailer Gordmans Stores is still without a full-time CEO, but the retailer did just fill two key marketing and e-commerce positions.

The Omaha-based apparel and home decor retailer named Amy Starr Myers to the role of SVP of marketing and Stacey Townsend was named vp and general manager of e-commerce to launch Gordman’s online sales effort.

June 2, 2014

Gordmans Stores is looking for a new head merchant — in addition to a permanent CEO - following the resignation of Michael Morand as EVP and chief merchandising officer.

Gordmans Stores is looking for a new head merchant — in addition to a permanent CEO - following the resignation of Michael Morand as EVP and chief merchandising officer.

June 2, 2014

Gordmans Stores is looking for a new head merchant — in addition to a permanent CEO - following the resignation of Michael Morand as EVP and chief merchandising officer.

Gordmans Stores is looking for a new head merchant — in addition to a permanent CEO - following the resignation of Michael Morand as EVP and chief merchandising officer.

May 29, 2014

Off-price department store operator Gordmans reported another quarter of weak sales under the control of private equity ownership as its searches for a full-time CEO and eyes e-commerce expansion in 2015.

Off-price department store operator Gordmans reported another quarter of weak sales under the control of private equity ownership as its searches for a full-time CEO and eyes e-commerce expansion in 2015.

March 25, 2014

Gordmans Stores president and CEO Jeff Gordman has resigned his post. According to the company, he is retiring to spend more time with his family as well as to pursue outside interests. Board chairman T. Scott King will serve as interim CEO while the company searches for Gordman’s successor.

Gordmans Stores president and CEO Jeff Gordman has resigned his post. According to the company, he is retiring to spend more time with his family as well as to pursue outside interests. Board chairman T. Scott King will serve as interim CEO while the company searches for Gordman’s successor.

December 2, 2013

Regional department store operator Gordmans Stores said its fourth quarter same store sales are likely to decline in the mid-single digits after it reported a 6.1% drop in comps for the third quarter ended November 2.

Regional department store operator Gordmans Stores said its fourth quarter same store sales are likely to decline in the mid-single digits after it reported a 6.1% drop in comps for the third quarter ended November 2.

Despite the comp decline, Gordman’s total sales at its 93 stores increased 5.8% to $151.3 million from $143.1 million due to the addition of 10 new stores in the prior nine months. Net income for the third quarter was $1.1 million, or six cents a share, compared to net income of $4 million, or 21 cents a share, last year.

August 29, 2013

Regional department store chain Gordman’s gave shareholders a huge gift this week when the private equity controlled company’s board said it had borrowed $45 million to fund a $3.61 special dividend after reporting lackluster second quarter results.

Regional department store chain Gordmans gave shareholders a huge gift this week when the private equity controlled company’s board said it had borrowed $45 million to fund a $3.61 special dividend after reporting lackluster second quarter results.

March 26, 2013

Regional department store operator Gordmans Stores reported disappointing fourth quarter sales and indicated 2013 is of to a slow start.

Regional department store operator Gordmans Stores reported disappointing fourth quarter sales and indicated 2013 is of to a slow start.

Sales for the 14 week fourth quarter ended February 2 increased 9.4% to $202.5 million, but the gain was driven entirely by an additional week in the reporting period and the opening of nine new stores in four new markets and two new states. Same stores sales declined 4.1%.

September 14, 2011

Long-time retail executive Andy Lundquist has joined apparel and home fashions discounter Gordman's as VP stores.

OMAHA, Neb. — Long-time retail executive Andy Lundquist has joined apparel and home fashions discounter Gordman's as VP stores.

Lundquist has more than 20 years of retail management experience, most recently as SVP stores for Kohl's where he oversaw 270 stores in 21 states. In contrast, Gordman's operates 73 stores mostly concentrated in the Midwest.  

Lundquist was instrumental in growing Kohl's into one of the largest department store chains in the country.