News about Timothy Goodman

What retail apocalypse? The iconic discount store in New York will reopen in New York

www.dailymail.co.uk, May 3, 2023
Century 21, a famous discount store, is expected to reopen its flagship Wall Street store, defying the trend of mass supermarket closings. During the pandemic in September 2020, the brand, which is best known for its highly discounted designer products, closed its doors. However, the company has revealed that it will reopen its flagship store in Manhattan's Financial District, which has been vacant for the past two years. It comes at a time when a'retail apocalypse' has sparked the closing of thousands of chain stores and forced Bed Bath and Beyond to file Chapter 11 bankruptcy.