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Department store with 4 Ohio locations files for bankruptcy

(AP Photo/Nati Harnik)

(AP Photo/Nati Harnik)
Business
By Kara Driscoll
March 14, 2017
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Gordmans department stores will be closing after filing for Chapter 11 bankruptcy protection Monday in U.S. Bankruptcy Court in Omaha, Neb.

The company has four locations in Ohio — with stores in Parma, Aurora, Cincinnati and Mentor. The company said in a statement to investors it would be liquidating assets and inventory.

Credit: DaytonDailyNews

» RELATED: 9 retailers closing stores nationwide this year

There is no date announced for the store closings, according to the Omaha World Herald. The company is based in Omaha, and has 106 stores in 22 states, mainly in the Midwest. READ THE FULL STORY

Several chain stores have announced store closures and have filed for bankruptcy so far this year. Earlier this month, Gander Mountain announced it had filed for bankruptcy and would close 32 stores.

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About the Author

Kara Driscoll