Categorized | National News

Briefly 21: Forever 21 Says It’s Declaring Bankruptcy

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A Forever 21 store in Manhattan on September 12, 2019. Iconic teen retailer Forever 21 said it would file for Chapter 11 bankruptcy on Sunday, as the company grapples with low sales, online competition, and changing consumer tastes. The retailer will close up to 178 stores in the United States, as well as ceasing brick-and-mortar…

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