Tailored Brands is the latest of more than 20 private and public retailers to have declared bankruptcy this year.
The struggling retail group said COVID-19 severely disrupted its turnaround progress.
RTW Retailwinds said it plans to permanently close most, if not all, of its stores.
The Japanese retailer's U.S. stores are in prime locations, leaving it struggling to make enough money to overcome expensive leases.
The pandemic had an adverse impact on sales in the third quarter of about $700 million to $750 million though sales rose in the U.S.
“This sale process will result in a revitalized Sur La Table, positioned to thrive in a post COVID-19 retail environment."
The coffee chain said it expects to accelerate the development of pickup locations in major U.S. cities over the next 18 months.
The company said its reopened stores are outperforming.
“We believe coming out of the current crisis, health and fitness will become even more important to the consumer."
"This is not the outcome we hoped for when we began [the Chapter 11] process, and we are deeply saddened to move forward with winding down Pier 1."
For many grocery staples and cleaning supply items, "we were selling in two or three hours what we normally sell in two or three days."
The luxury retailer "had been struggling with competition from online rivals and dwindling cash" before the coronavirus forced it to close its stores.
