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Friday, March 17, 2017

Gordmans Calls It Quits, Filed For Bankruptcy and Liquidation in Order.

     Omaha, Nebraska- based clothing chain Gordmans has filed for Chapter 11 bankruptcy will plans to liquidate all assets. In Gordmans case, court filing will have to approve if all inventory and assets will be liquidated, unlit a better offer is made through a lender to stay in business, according to the Chicago Tribune, but that is unlikely. Gordmans has over 100 stores throughout 22 states, and will operate under normal circumstances until a decision is made.

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