F21 OpCo, operator of the low-cost clothing brand, says stores will remain open while it begins winding down operations.

"As we move through the process, we will work diligently to minimize the impact on our employees, customers, vendors and other stakeholders."

Trendy clothing store chain Forever 21 is closing another store in the Sacramento area after filing for Chapter 11 bankruptcy. Forever 21 will shut its doors at Arden Fair mall, 1689 Arden Way in Sacramento.