Question: Where is the headquarters of a Midwestern department store that follows the "everyday low price" strategy?
Context: The Coase conjecture, developed first by Ronald Coase, is an argument in monopoly theory.  The conjecture sets up a situation in which a monopolist sells a durable good to a market where resale is impossible and faces consumers who have different valuations.  The conjecture proposes that a monopolist that does not know individuals' valuations will have to sell its product at a low price if the monopolist tries to separate consumers by offering different prices in different periods.  This is because the monopoly is, in effect, in price competition with itself over several periods and the consumer with the highest valuation, if he is patient enough, can simply wait for the lowest price.  Thus the monopolist will have to offer a competitive price in the first period which will be low.  The conjecture holds only when there is an infinite time horizon, as otherwise a possible action for the monopolist would be to announce a very high price until the second to last period, and then sell at the static monopoly price in the last period.  The monopolist could avoid this problem by committing to a stable linear pricing strategy or adopting other business strategies. The SM Store (formerly known as SM Department Store) is a department store franchise run by SM Investments, the holding company of the SM Group.  SM Department Store now holds more than 30 branches located at cities and provinces in the Philippines.  SM Department Store became one of the top retail centers in the Philippines. The Stockmann department store is a culturally significant business building and department store located in the centre of Helsinki, Finland.  It is one of many department stores owned by the Stockmann corporation.  It is the largest department store in the Nordic countries in terms of area and total sales.  The store is known for carrying all the internationally recognised luxury brands, and Stockmann's enjoys a reputation as the primary high-end department store in Finland.  "Stockmannin Herkku", the food and beverage department located at the basement level, is renowned for the quality and choice of its foodstuffs.  The Stockmann logo represents a set of escalators, which are commonly, but wrongly believed represent the first escalators in Finland.  The first escalators in Finland were installed in the Forum department store, Turku (1926) "Times Supermarkets" (full name Times Supermarkets, Ltd.) is an American supermarket chain, headquartered in Honolulu, Hawaii.  Times operates 24 stores throughout the state of Hawaii, 17 using the "Times" banner, five operating under the Big Save brand on Kauai, one specialty food/liquor store under the Fujioka’s Wine Times name, and one location operating as "Shima's Supermarket" in Waimanalo, Hawaii.  "A Supermarket With Everyday Low Prices" is their current slogan.  It is also referred to by its customers as Times, rather than the full name. Gordmans is a chain of Midwestern off-price department stores founded and headquartered in Omaha, Nebraska.  The retailer operates 50 locations in 22 states in the United States. Everyday low price (also abbreviated as EDLP) is a pricing strategy promising consumers a low price without the need to wait for sale price events or comparison shopping.  EDLP saves retail stores the effort and expense needed to mark down prices in the store during sale events, and is also believed to generate shopper loyalty.  It was noted in 1994 that the Walmart retail chain in the United States, which follows an EDLP strategy, would buy "feature advertisements" in newspapers on a monthly basis, while its competitors would advertise weekly.  Other firms that have implemented or promoted EDLP are Procter & Gamble, Food Lion, Gordmans and Winn-Dixie. The Görlitz department store in Görlitz is one of the best preserved department stores from the beginning of the twentieth century.  It is built in the Art Nouveau style and was operated as a department store until August 15, 2009.  The city and a citizens' action group tried to revitalize the department store which in 2012 housed only a beauty shop.  In 2013, a private investor was found, who would like to obtain the facility as a universal department store, as the Department Store of Upper Lusatia (Kaufhaus der Oberlausitz , KaDeO) and thus a counterpart to the Berlin department store Kaufhaus des Westens (KaDeWe). Bergner's is an upscale midwestern department store established in 1889.  The current flagship store is located in Peoria, Illinois at The Shoppes at Grande Prairie. High–low pricing (or hi–low pricing) is a type of pricing strategy adopted by companies, usually small and medium-sized retail firms, where a firm charges a high price for an item and later when the item's popularity has passed, sell it to customers by giving discounts or through clearance sales.  The basic type of customers for the firms adopting high–low price will not have a clear idea about what a product's price would typically be or must have a strong belief that "discount sales = low price" or they must have strong preference in purchasing the products sold in this type or by this certain firm. The E. B. Colwell and Company Department Store is a historic department store building located at 208 South Main Street and 211 South A Street in Monmouth, Illinois.  Local businessman Edward B. Colwell had the store built in 1904.  Architect J. Grant Beadle of Galesburg designed the three-story Chicago school building.  The store was Monmouth's only true department store; its main competitor, the Allen Store, was the largest dry goods store in Monmouth but was nonetheless smaller than the Colwell store.  Shoppers came to the store from throughout Warren County, and from elsewhere in western Illinois via car and interurban railroad.  The store's size and reputation allowed it to sell goods such as china under their own brand name, and it came to be known as "the Marshall Field's of western Illinois".  The store suffered a downturn during the Great Depression, and while Colwell's second wife kept it in business for many years, the couple sold their store in 1959.
Answer: Omaha, Nebraska