New York & Co.
At the beginning of 2020, New York & Co. announced its plan to shutter over 25 stores by February. This came after it suffered a bad holiday shopping season. The women’s fashion retailer reported that they got more action on the website instead of in the stores. We have heard this about other companies, but the truth is that this was already the case for the business prior to the COVID-19 pandemic.
New York & Co.
Stein Mart
A lot of retailers suffered from the COVID-19 pandemic. Stein Mart has been around for longer than a century now. The discount department store chain first opened its doors in 1908. In mid-August, it declared bankruptcy and informed everyone that it would shutter “a significant portion, if not all, of its brick-and-mortar stores.” You are going to find more than 280 stores spread out across thirty states. In case you did not know, you can buy clothing, shoes, bedding, jewelry, and candy for cheap here.
Stein Mart
