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Stage Stores Ask Landlords for Leeway, Warns of Possible Chapter 11 Filing

Pandemic Puts Owner of Bealls, Stage, Peeble's, Gordman's, Palais Royal in Survival Mode
The owner of Bealls, Stage, Peeble's, Gordman's and Palais Royal said in a filing it might have to file for Chapter 11 bankruptcy protection unless it can substantially turn around its finances or boost its liquidity. (CoStar)
The owner of Bealls, Stage, Peeble's, Gordman's and Palais Royal said in a filing it might have to file for Chapter 11 bankruptcy protection unless it can substantially turn around its finances or boost its liquidity. (CoStar)
CoStar News
May 1, 2020 | 11:47 P.M.

Stage Stores Inc., a national owner of discount department stores, said it is asking its landlords and vendors for leeway in payments and might have to file for Chapter 11 bankruptcy protection if it can’t pump up its cash liquidity.

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