The Company reported that it closed ten stores on Sunday, August 28th, and closed an additional twelve stores on Monday, August 29th, due to Hurricane Katrina. As of Wednesday, August 31st, thirteen stores had not yet reopened for business.
Commenting on the hurricane, Scarborough said, "Thoughts and prayers are with the families that have been impacted by this deadly and destructive storm. As have always done in the face of other natural disasters, they will do all that can to provide assistance to those in need."
Stage Stores Inc brings nationally recognized brand name apparel, accessories, cosmetics and footwear for the entire family to small and mid-size towns and communities through 545 stores located in 30 states. The Company operates under the Bealls, Palais Royal and Stage names throughout the South Central states, and under the Peebles name throughout the Mid-Atlantic, Southeastern and Midwestern states.
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