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New York & Co parent company files for bankruptcy and closes hundreds of stores

July 13, 2020

Via: Fortune

The retail bloodbath of 2020 continued on Monday as RTW Retailwinds, the parent company of New York & Co said it had filed for Chapter 11 bankruptcy protection and may close all of its stores.

RTW joins a growing roster of already struggling retail chains pushed over the edge by prolonged COVID-19 related stores closures this spring; other casualties include J.C. Penney, Neiman Marcus, GNC, Lucky Brand and last week, Brooks Brothers.

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