On Wednesday, Brooks Brothers filed for bankruptcy.<br />It was in business for over 200 years.<br />The coronavirus pandemic has hurt the retailer's business.<br />Business Insider reports the company has been considering strategic options for about a year. <br />"It has become increasingly out of step with a new generation of consumers who are looking for a more edgy approach to smart casual," Neil Saunders, managing director of GlobalData Retail, said in emailed comments.
