RTW Retailwinds, which owns women’s retailer New York & Co., has filed for bankruptcy, continuing the steady march of Chapter 11 filings for brands that were once mall staples.
Last month, RTW bleakly warned its future was in “substantial doubt” and that a bankruptcy filing was imminent because of temporary closures caused by the pandemic. In a release Monday, the company said it “expects to close a significant portion, if not all, of its brick-and-mortar stores” after liquidation sales are complete.
