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Insurance Dispute Forces Century 21 Bankruptcy and Shutdown

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

After 60 years in business, off-price retailer Century 21 Stores filed for bankruptcy and will wind down its retail operations and begin going out of business sales at all 13 stores across New York, New Jersey, Pennsylvania and Florida. The decision to shut down comes after the off-price chain’s insurance providers didn’t pay out $175…

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