Find Your Daily Voice
Union
Your Local News for Union County, New Jersey
Sunday, may 26
70°
Follow
News
Schools
Business
Obituaries
Police & Fire
Weather
Neighbors
Lifestyle
Politics
Sports
Events
Traffic
Legal
Real Estate
Tags
Jobs
Shop
Support Us
Union
Follow
Find Your Daily Voice
News
Schools
Business
Obituaries
Police & Fire
Weather
Neighbors
Lifestyle
Politics
Sports
Events
Traffic
Legal
Real Estate
Tags
Jobs
Shop
Support Us
Home
About us
All sites
Advertise with us
Contact us
Terms of use
Privacy policy
Code of ethics
Site Map
© 2024 Cantata Media
70°
Sunday, may 26
Tag:
Century 21
Business
Century 21 Files For Bankruptcy, Closing All 13 Stores
Liquidation sales are under way at all Century 21 stores after the company announced Thursday it filed for Chapter 11 bankruptcy protection. The impetus was a non-payment of approximately $175 million declined by the company's insurance provider as a direct result of losses during the COVID-19 pandemic, the off-price retail company said in a press release. In business for more than 60 years, Century 21 was left with "no viable alternative" to closing all 13 stores the company's co-CEO Raymond Gindi said. Century 21 has four New Jersey locations: East Rutherford, American Dream…