Gordmans consolidates workforce

By

Kate Dingwall

Published
Jan 31, 2017

Gordmans department store is facing a tough week. The company just announced that it will be consolidating its workforce, cutting any position deemed extraneous in order to streamline operations.

"It is a very difficult decision to eliminate non-store positions as all Gordmans' employees are passionate about creating the best shopping experience for our guests,” said Gordmans President and CEO Andy Hall.

The company will be offering income continuation, outplacement support, and possible moves within the company to any employee hit by the cuts.

Gordmans cites the slowing of brick-and-mortar stores, specifically mall-based retailers,  as the cause of the consolidation. Gordmans isn’t the only department store to be hit by the current retail environment – Sears is expected to lose $1.8 billion in funds this year, facing imminent bankruptcy if it fails to raise $2 million. A Fitch rating study predicted the next few retailers to shutter permanently, almost every brand named being mall-based.

Golrmans first opened its doors in 1915, now boasting 106 stores across 22 states.