Here’s the last day this bankrupt mall chain takes gift cards

The retail sector has been battered over the last couple of years. From low- and mid-tier fashion brands to high-end luxury retailers, none has been immune to the downturn.

Many iconic brands have filed for bankruptcy, and even more have suffered financial distress that led underperforming locations to close their doors. Even stores with rich history, like Macy's, JCPenney, and Nordstrom have been affected by changing consumer behavior and forced to close locations.