Retailer Forever 21 to file for bankruptcy, close 178 U.S. stores

September 30, 2019 admin Business News Comments Off on Retailer Forever 21 to file for bankruptcy, close 178 U.S. stores

Fast-fashion retailer Forever 21 Inc filed for bankruptcy late on Sunday, joining a growing list of brick-and-mortar companies that have succumbed to the onslaught of online sellers such as Amazon.com Inc and ever-changing fashion trends.

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Source:: Reuters – Business News