New York & Co.
New York & Co. began this year by announcing that it would close more than 25 of its stores by early February, following a disappointingly quiet holiday shopping season in 2019. According to the women’s fashion and accessories retailer, shoppers spend more time on its website than in its stores. That was the diagnosis in early 2020 before the coronavirus made an appearance. But, then, there were about 380 people left.
Stein Mart
Following decades in business, several retailers have been impacted by the COVID-19 pandemic. It lasted more than a century in the discount department store chain Stein Mart, which opened in 1908. However, in mid-August, the company announced 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 over 280 of them spread across 30 states. Clothing, shoes, jewelry, bedding, luggage, and even candy are all available at Stein Mart’s low prices.