Sep
21
Century 21’s Bankruptcy Shows the Limits of Off-Price, New York-Exclusive Categories
Posted in: UncategorizedKey Insights: The inability of Century 21 to get its insurers to compensate for the loss of business was a key factor. Competition in off-price is fierce as department stores embrace the strategy and brands look to liquidate excess inventory. Last week, Century 21, long a bastion of off-price shopping in New York, filed for…
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