New York & Co.
Following a disappointingly quiet holiday shopping season in 2019, New York & Co. began this year by announcing that it would close more than 25 of its stores by early February. Shoppers spend more time on the website than in the stores, according to the women’s fashion and accessories retailer. Before the coronavirus appeared in early 2020, that was the diagnosis. However, there were only about 380 people left at that point.
New York & Co.
Stein Mart
Several retailers have been impacted by the COVID-19 pandemic after decades in business. It lasted more than a century at Stein Mart, a discount department store chain founded in 1908. However, the company announced in mid-August that it had filed for bankruptcy and that “a significant portion, if not all, of its brick-and-mortar stores” would be closed. There are 280 of them and are spread across 30 states. Stein Mart offers low prices on clothing, shoes, jewelry, bedding, luggage, and even candy.
Stein Mart
