Gordmans Stores filed for Chapter 11

Apparel and home décor retailer Gordmans Stores, Inc. (GMAN) announced that it has filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Nebraska. Founded in 1915, Gordmans currently operates 106 stores in 62 markets and 22 States. This is one more bad news for the US retail sector.