Life After Lockdown Century 21's Bankruptcy Shows the Limits of Off-Price, New York-Exclusive Categories The famed retailer is following in the steps of Barneys, Dean & DeLuca and Stage Stores Off-price retailer Century 21 attained a cult status for offering luxury labels at a steep discount.Getty Images By Richard CollingsSeptember 21, 2020 Key Insights: The inability of Century 21 to get its insurers to compensate for the loss of business was a key factor. Competition in off-price is fierce as department stores embrace the strategy and brands look to liquidate excess inventory. Richard Collings @RichCollings richard.collings@adweek.com Richard Collings is a retail reporter at Adweek. Recommended articles
