This Cult Favorite Store Is Closing All U.S. Locations
COVID has hit businesses both large and small in the past few months. Most recently, our favorite store in Denmark - Flying Tiger - announced that it would close all 13 locations in the US. On October 14th, the popular New York brand store chain with several other locations in Massachusetts and New Jersey announced on Facebook that their stores would close by the end of the year.
The store has an iconic following in the US but is popular around the world: Flying Tiger has 950 stores around the world. In the US, the chain had a brief but meaningful life after landing in the US five years ago.
“For the past 5 years we've loved bringing everyday magic to thousands of people in New York, New Jersey, and Massachusetts. We've built an amazing team of business colleagues. We've had our ups and downs but have always felt the love of our customers ... and this love is reciprocated, "says the shop's farewell message. Many dark customers commented on the Facebook post, mourned the store and celebrated it as a ray of hope for purchases that will be very much missed.
Flying Tiger cites the challenges of the past seven months as a reason why they have to say goodbye to their locations in the USA. In the mail, they encourage anyone with a gift card to use it before November 20, 2020.
This is just the latest coronavirus retail victim. Read on to find more stores that have closed due to COVID and for companies that are about to close.
Lord & Taylor
Lord and Taylor store with closing sale sign
The legendary department store's financial challenges began long before COVID. To save the shops, the chain was sold to Le Tote in 2019. That was not enough to save Lord & Taylor, however, especially given the added difficulties the pandemic brought with it. The company announced that it would cease business after filing for bankruptcy on Aug. 27. More stores that are closing down can be found at the Beloved Strip Mall stores that you may never see again.
Century 21 department store exterior
Raymond Gindi, Co-CEO of Century 21, said the New York-based chain had to shut down due to COVID, despite other troubles including the devastating 9/11. On September 10, Century 21 announced that they had filed for bankruptcy and that all 13 locations would be closing. And for one more lost shopping, this beloved store from your childhood closes 200 locations.
A Stein Mart location in Rochester Hills, Michigan. Stein Mart is a department store chain in the USA.
On August 13, Stein Mart, over a century old, announced it would close all 280 stores in 30 states. The popular discounter filed for bankruptcy because "the effects of a challenging retail environment were linked to the effects of the coronavirus," Stein Mart CEO Hunt Hawkins said in a statement. And to learn more about yet another loss, this mall mainstay may be closing a store near you.
Pier 1 imports
Strip Mall Pier 1
Pier 1 Imports was one of the earlier stores to collapse under the weight of COVID. The curated homewares store announced that it filed for bankruptcy in mid-May and will close all 540 stores. For more up-to-date information, subscribe to our daily newsletter.
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