Pandemic tests shopper loyalty for clothing brands

Pandemic tests shopper loyalty for clothing brands

SeattlePI.com

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NEW YORK (AP) — When Archie Jafree heard that Lord & Taylor filed for Chapter 11 bankruptcy in early August, he was sad about the fate of the storied retailer with roots dating back to 1824.

Still, the 36-year-old northern Virginia resident acknowledged he hadn’t shopped there in months, preferring instead to go to Nordstrom and Zara, where he feels the customer service is better.

“It had good quality clothes," Jafree said of Lord & Taylor, “but they hadn’t evolved with the times.”

Many shoppers like Jafree are seeing iconic labels vanish or become mere shadows of themselves, driven in part by a pandemic that has shoved them into bankruptcy but also by changing consumer habits that put less emphasis on brand names and more emphasis on experience.

So far, more than 40 retailers have filed for Chapter 11 this year, including roughly two dozen since the pandemic. That’s more than double what was seen for all of 2019.

Lord & Taylor announced on Thursday that it was liquidating its business and closing all of its remaining stores. J.C. Penney filed for Chapter 11 in May and announced plans to permanently close nearly a third of its 846 stores.

Ann Taylor parent Ascena Retail Group said it would close all of its Catherines stores, a “significant number” of Justice stores, and a select number of Ann Taylor, Loft, Lane Bryant and Lou & Grey stores. And Brooks Brothers, which will be sold to the nation’s largest mall operator Simon Property Group and licensing firm Authentic Brands Group, will shrink to about 125 stores from more than 400.

Although loyal customers bemoan their loss, the brands have been losing favor for years because they hadn't kept up with the online buying shift and failed to stand out. The pandemic forced non-essential...

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