Monday, February 4, 2019

Stage Stores gets delisted warning

Chain Store Age
Stage Stores is at risk of being delisted from the New York Stock Exchange.

The company, which operates 728 stores under the Bealls, Goody’s, Peebles, State and Palais Royal banners along with 68 Gordmans off-price locations, said it received notification from the NYSE that the retailer is no longer in compliance with the NYSE continued listing criteria that requires listed companies to maintain an average closing share price of at least $1.00 over a consecutive 30 trading-day period.. . . more