Century 21
On the HBO sitcom “Sex and the City,” Sarah Jessica Parker’s Carrie Bradshaw character termed Century 21’s Lower Manhattan location “the nicest part of jury duty.” The off-price fashion business has been a New York City tradition for nearly 60 years. However, that long run is coming to an end. Century 21 has declared bankruptcy and will close all of its locations. Co-CEO Raymond Gindi blames the chain’s fate on insurance companies, which he alleges “have turned their backs on us at this most critical time,” referring to the pandemic.
Bloomingdale’s
Bloomingdale’s, a high-end department store, has a rich history that dates back to 1861. The chain, which has stayed relatively small over the years, is now owned by Macy’s Inc. Unfortunately, it has shrunk even further. A Bloomingdale’s store south of Miami shuttered in mid-January, one of only 35 full-line Bloomingdale’s stores listed on the company’s website. Bloomingdale’s initially opened in Miami in 1984, and it remained shuttered for more than a year after Hurricane Andrew devastated South Florida in 1992.