Brooks Brothers
Because of the pandemic, most people were working inside their houses. It was the reason why Brooks Brothers were losing their sale, which led to filing bankruptcy and closing some of their stores. Brooks Brothers were established in 1818, and it might be the oldest clothing brand in America. The brand was operating for 200 years, and it did not know how it would solve the crisis they were facing during COVID-19.
Earth Fare
Like other smaller grocery chains, Earth Fare could not compete against a more prominent company like Amazon. Earth Fare decided to surrender, and they told the public in February that they would close all 50 stores in 10 various states. Earth Fare said to the news, “Continued challenges in the retail industry impeded the company’s progress as well as its ability to refinance its debt.” Earth Fare, also known as Dinner for the Earth, was established in 1975.