The Gordmans, Peebles, Goody’s, and Palais Royal Store Banners Are For Sale
Oct 18, 2021, Hilco Streambank is soliciting offers for the retail store banners, private label brands and associated domain names, utilized by Gordmans®, Peebles®, Goody’s®, and Palais Royal® department stores. The brands were acquired over a 90-year period and owned by Stage Stores until 2020, at which point Stage Stores sold them to Bealls Inc. as part of a bankruptcy sale.
Gordmans was an off-price retailer, offering a varied assortment of top trends, brand-name apparel, and stylish home décor at value prices, creating a treasure-hunt environment for thrift-seeking customers. Peebles, Goody’s, and Palais Royal were well-known for offering customers trend-right, moderately priced, name-brand and private label apparel, accessories, cosmetics, footwear, and home goods for the entire family.
“These brands have a high level of customer awareness, with a 90-year history serving customers in the Central and Eastern United States,” commented Hilco Streambank Senior Vice President Richelle Kalnit. “The stores were beloved members of their communities, with Gordmans having more than 285 stores in mid-sized Midwest markets, and Peebles and Goody’s approaching 200 retail stores in small towns and rural markets. This is an opportunity to reconnect with customers seeking familiar brands that cater to them.”
Interested parties should CLICK HERE or contact Hilco Streambank directly using the contact information provided below.
About Hilco Streambank: Hilco Streambank is a market leading advisory firm specializing in intellectual property disposition and valuation. Having completed numerous transactions including sales in publicly reported transactions, private transactions, and online sales through IPv4.Global, Hilco Streambank has established itself as the premier intermediary in the consumer brand, internet and telecom communities. Hilco Streambank is part of Northbrook, Illinois based Hilco Global, the world’s leading authority on maximizing the value of business assets by delivering valuation, monetization and advisory solutions to an international marketplace. Hilco Global operates more than twenty specialized business units offering services that include asset valuation and appraisal, retail and industrial inventory acquisition and disposition, real estate and strategic capital equity investments.