Bankrupt due to coronavirus: 4 retailers who arrange a total sale

The coronavirus pandemic has changed our lives in many ways, some changes temporary, others probably forever. Retailers were hit harder by quitting and quarantine. Writes about it Money Talks News.

Photo: Shutterstock

Many of these retailers plan to survive through restructuring, but several have already announced plans to liquidate their assets and get out of business.

In the following stores, retail sales due to bankruptcy will soon begin or have already begun.

Pier 1 Imports

Pier 1 announces that it is arranging a sale after filing for bankruptcy protection and plans to close all stores and websites.

According to the retailer, stores will start selling after quarantining.

Elimination is already underway at Pier1.com, discounts currently reach 30%.

Regardless of whether you make purchases at Pier 1 in the store or online, keep in mind that all sales are final: you will not be able to return the goods you purchased during the sale.

On the subject: Hertz sells thousands of used cars at competitive prices due to bankruptcy

In addition, the seller says that he will only accept gift cards online until July 2, and in stores only within 30 days after the opening of each store: so if you have Pier 1 gift cards, remember to spend them until July 2, otherwise they will become useless.

Locations: Use the search to find the nearest store. Try calling in advance to confirm that it has opened again.

Intership

Stage Stores, the company behind Stage and several other retailers, also began to scale back after filing for bankruptcy.

Discounts from 20% to 50%.

When shopping on any Stage Stores network, be sure to read the tags completely. If the product is marked as “final sale”, be aware that you cannot exchange or return it in accordance with the store return policy.

If you have Stage Stores gift cards, spend them as soon as possible. Recent frequently asked questions about the latest company updates say:

“We will carry out existing customer programs, including gift cards and returns, within 30 days after the opening of the store. We urge you to use them while you can. ”

Locations: Most states have Stage stores, and many have reopened. Check this list for the status of a specific location.

Gordmans

Gordmans, which is also sponsored by Stage Stores, currently has a 10-40% discount.

Please also note that the time for using Gordmans gift cards is limited: they expire 30 days after the opening of Gordmans stores, according to a recent Gordmans blog post.

On the subject: Apocalypse in retail: more than 2020 stores will close in the US in 3600

Locations: Gordmans has stores in many states, and most of them reopened. Check the Gordmans website for the status of a specific location.

JC Penney

Although retailer JC Penney has also filed for bankruptcy protection, he does not go out of business. Instead, he plans to survive difficult times through restructuring.

As part of this process, 154 JC Penney stores will be permanently closed, and sales at these locations will begin after a June 11 bankruptcy court hearing.

Locations: Closing stores are located in more than three dozen states. The address and phone number for each of these locations are listed on JC Penney's blog.

Read also on ForumDaily:

Hertz sells thousands of used cars at competitive prices due to bankruptcy

6 reckless financial habits of Americans that surprise our

17 products, prices for which are growing rapidly: how to save

18 popular online shopping fraud tricks: how to protect yourself

Apocalypse in retail: more than 2020 stores will close in the US in 3600

Do you want more important and interesting news about life in the USA and immigration to America? — support us donate! Also subscribe to our page Facebook. Select the “Priority in display” option and read us first. Also, don't forget to subscribe to our РєР ° РЅР ° Р »РІ Telegram  and Instagram- there is a lot of interesting things there. And join thousands of readers ForumDaily New York — there you will find a lot of interesting and positive information about life in the metropolis.