New York & Company’s parent company is the latest chain to file for bankruptcy as the coronavirus has piled additional pressure on an already challenging retail landscape. RTW Retailwinds, whose other brands include Fashion to Figure and Happy x Nature, filed for Chapter 11 protection Monday, and has already kicked off liquidation sales, CNBC reported. “The combined effects of a challenging retail environment coupled with the impact of the Coronavirus pandemic have caused significant financial
source https://therealdeal.com/2020/07/14/new-york-company-parent-files-for-bankruptcy/
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