Century 21 declared bankruptcy today and will close all their stores.
They now join these retailers who recently declared bankruptcy:
– Neiman Marcus
– JC Penney
– Lord & Taylor
– Modell’s
– GNC
– Brooks Brothers
– Dress Barn
– New York & Co.
– Stein Mart
– Men’s Wearhouse
– Jos. A Bank
– Lucky Brand
– True Religion
– J. Crew
– Pier 1
– Aldo
The retail industry was struggling mightily before the pandemic. The pandemic just accelerated their demise.
So sad