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Tag: 178

Forever 21 files for bankruptcy; closing up to 178 U.S. stores

Forever 21, the retailer that popularized fast-fashion in the U.S., filed for Chapter 11 bankruptcy protection with a plan to close most of its global locations.  The filing by the privately held, family-run chain, which operates 815 stores worldwide, was not unexpected as it comes after weeks of speculation. The formerly high-flying Forever 21 has …

Forever 21 files for bankruptcy; closing up to 178 U.S. storesRead More