New York & Co.
New York & Co. announced in 2020 that it would close over 25 stores by early February. This followed a relatively quiet holiday season the previous year. The online success of the women’s fashion and accessory retailer outpaced that of its physical locations. Prior to the outbreak of the pandemic, this was its diagnosis. They only had 380 people working for them at the time.
New York & Co.
Stein Mart
Many retailers suffered during the pandemic, despite having spent decades in the industry. For over a century, Stein Mart has been in the game. The discount department store chain, which was founded in 1908, has filed for bankruptcy. On top of that, it said that it would shut down “a significant portion, if not all, of its brick-and-mortar stores.” There are over 280 locations in 30 states. The chain is popular among customers because it sells reasonably priced clothing, jewelry, shoes, luggage, and bedding.
Stein Mart