Tuesday, June 28, 2016

Forever 21 Shipping Firm Drops Retailer, Citing Slow Business

Image result for forever 21A shipping firm that delivered clothing to Forever 21 Inc. stores has abandoned the retailer, saying business has slowed so much that the work is no longer profitable.

EZ Worldwide Express is sizing down after canceling Forever 21’s shipping contract. Under that deal, EZ Worldwide Express agreed to be Forever 21’s exclusive carrier for at least 171 stores until 2019, according to documents filed in U.S. Bankruptcy Court in Newark, N.J.. . . more

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