Stage Stores
Stage Stores could not compete with larger department stores like Walmart, Target, and Kohls. On May 10, the company had filed their bankruptcy which led them to shut all their stores. Stage Stores tried to get back to the competition in 2019, but the pandemic forced their stores to close for weeks. It led them to lose a lot of sales which was fatal for the brand.
Stage Stores
Pier 1 Imports
Pier 1 was known for its scented candle, silk pillow, Papasan chair, and various home furnishing. Pier 1, established in 19962, did not have any idea that they would go out of business in 2020. In that year, 900 of their stores were shut down. The company decided to file for bankruptcy and prayed that they would find a buyer. The pandemic also affected their sales which led them to close all of their stores.
Pier 1 Imports
