The closing is one of many across the United States as the retailer struggles to compete with Chinese online giants Shein and ...

Amid mounting debt, Forever 21's US operator could file for Chapter 11 protection as soon as next month, Bloomberg News reported on Wednesday. If no buyer can be found, all of its remaining US ...

Forever 21 is growing like crazy, and the fast fashion retailer is becoming a major threat to the rest of the industry. Analysts Lorraine Hutchinson, Paul Alexander, and Jessica A. Lebo at Bank of ...

which sells trendy styles for young men and women at low prices, has struggled to compete with Chinese online discount sites Shein and Temu. “This decision was not made lightly,” a Forever 21 ...

The 900-square-foot shop brought in $700,000 in revenue in the first year and would turn into the fashion scene staple known as Forever 21. At its peak, Forever 21 operated more than 800 stores ...

At its peak, Forever 21 operated more than 800 stores worldwide and earned billions in revenue. Now, the U.S. operator of the once popular chain plans to close roughly 200 stores as well as its ...

Here’s what you need to know: Forever 21 was founded in the 1980s, selling women’s and men’s clothing, accessories, jewelry and more at 540-plus locations across the globe and online.

Forever 21 is laying off 358 employees and closing its Los Angeles headquarters. Forever 21 has not disclosed how many stores will close, but closures have been announced in several states.

Forever 21 will sell its items only online for the time being. In April, it will open its first regular shop after its relaunch in Japan at the LaLaPort shopping park in Kadoma, Osaka Prefecture.

Customers may have to say goodbye to Forever 21 as store closures could be imminent in the near future. The once-successful fast-fashion brand is now considering bankruptcy, according to USA TODAY ...