Goody's (department store)
Parent Stage Stores (2009-2020)
BrandX.com (2022-present) | | |
Website | Archived official website at the Wayback Machine (archive index) |
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Goody's Family Clothing Inc. was an American chain of department stores, owned and operated by Stage Stores and headquartered in Houston, TX. It specialized in retailing on-trend apparel, accessories, cosmetics, footwear, and housewares.
It was a successor to a chain of clothing
Brands exclusively found at Goody's include Valerie Stevens; Signature Studio; Sun River; Rustic Blue; Rebecca Malone; and Wishful Park.
History
Goody's was founded in 1953 in Athens, Tennessee, by M. D. Goodfriend as an offshoot of a family retail business, The M. Goodfriend Store, that the founder's father, Mike Goodfriend, had started in Athens in 1913. The new store, Athens Outlet Store, focused on the sale of closeout, irregular, and previous-year merchandise. The business grew, operating 20 stores by 1970.[1]
In 1978, the name was changed to "Goody's". "Goody" was the college nickname of M. D. Goodfriend's son Bob, who had joined the family business in 1972. In 1979, Bob Goodfriend became president of the business and the company changed its merchandise focus from the
In 2006 Goody's became a privately held company again when it was acquired by GMM Capital and Prentice Capital Management in January 2006. Sales in 2006 totaled $1.6 billion.
In September 2019 it was announced that Goody's, along with all other stores operated by Stage Stores Inc, would be converted to Gordmans stores by the end of 2020.[6]
On May 10, 2020, Stage announced it had filed for
In 2022 BrandX bought the Goody's brand for an undisclosed amount, with intentions of re-establishing it in 2022. [9]
References
- ^ a b c Carly Harrington, Goody's legacy in Knoxville one of growth, charity Archived 2009-01-18 at the Wayback Machine, Knoxville News Sentinel, January 18, 2009, page C1
- ^ a b Carly Harrington, "Goody's to close 69 of its stores", Knoxvillebiz.com, June 10, 2008
- ^ WTVY (June 10, 2008). "Goody's Family Clothing Files for Chapter 11". Retrieved 2018-10-15.
- ^ "Goody's retailer files bankruptcy, will liquidate". Reuters. January 14, 2009. Retrieved February 12, 2020.
- ^ "Stage Stores buys Goody's name". Glasgow Daily Times. July 29, 2009. Retrieved February 12, 2020.
- ^ "Stage Stores Announces Total Company Conversion to Off-Price". Business Wire. September 17, 2019. Retrieved February 12, 2020.
- ^ Bhattarai, Abha (May 11, 2020). "Stage Stores files for bankruptcy, says it will liquidate more than 700 stores if it can't find a buyer". Philadelphia Inquirer. Retrieved 2020-05-12.
- ^ TERRI HARBER, The Daily News (August 6, 2020). "Stage parent company scraps plan for conversion into Gordmans". Mohave Daily News. Archived from the original on 2020-08-05. Retrieved 2020-08-14.
- ^ "BrandX to Relaunch Bon-Ton, Carson's Stores". www.yahoo.com. 23 May 2022. Retrieved 2023-04-08.
External links
- Official website (Archive)