Forever 21 Could Soon Close Its Remaining 350 Stores

Forever 21 weighs closing all stores ahead of bankruptcy
At its height, Forever 21 operated more than 500 locations in the US and at least 800 worldwide. Its US footprint has since shrunk to about 350 stores. Bloomberg previously reported Forever 21 was looking to close almost two-thirds of its locations as part of a bankruptcy process.
Forever 21 poised to shutter all stores ahead of bankruptcy filing: report
Forever 21 moved closer to shuttering its stores forever. The struggling mall mainstay — which sells $7 t-shirts, $12 dresses and $25 sneakers — is on the verge of filing for bankruptcy after efforts to find a buyer have floundered, according to Bloomberg.
Forever 21 Could Soon Close Its Remaining 350 Stores as Second Bankruptcy Looms
Forever 21 is edging closer to shutting its doors for good. The struggling fast-fashion retailer, known for its $7 t-shirts and $12 dresses, is preparing to file for bankruptcy after […] The post Forever 21 Could Soon Close Its Remaining 350 Stores as Second Bankruptcy Looms appeared first on Baller Alert.
Forever 21 Weighs Closing All Stores as Bankruptcy Looms
The company behind the Forever 21 fashion brand is reportedly considering shutting down its brick-and-mortar store operations ahead of an imminent bankruptcy filing, according to Bloomberg. The brand has roughly 350 storefronts worldwide, which could all be in jeopardy as the brand’s search for a buyer continues to flounder.
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