Friday, December 13, 2019

It’s the last Christmas for some Forever 21 stores. Here’s why the retailer went bankrupt

CNBC
Forever 21 has long been a staple in America’s shopping malls. But after this holiday season, more of its stores will go dark.

The fast-fashion retailer’s rapid expansion internationally took a toll on the company and contributed to Forever 21′s decision to file for Chapter 11 bankruptcy protection in September. At the time, it had more than 800 stores worldwide.. . . more