Forever 21 reduces its physical footprint
July 3, 2019
Forever 21 began opening larger stores several years ago, moving the fast-fashion chain in a different direction from most of the retailing industry. Sales and profits have fallen since Forever 21 adopted the bigger is better approach. Today, the average footprint of one of the chain’s stores is around 21,000-square-feet, substantially smaller than the 38,000-square-feet listed on its website.
Recent News
NHTSA Investigates Tesla Autopilot Again After Recent Software Update
Tesla Autopilot is once again the subject of an NHTSA investigation.
Home Depot Holds Halfway to Halloween Sale: Skelly’s Back
It’s halfway to spooky season, and Home Depot is celebrating.
Kaiser Discloses Health Insurance Data Breach
Health insurance company Kaiser is notifying millions of its current and former members about a data breach. The breach occurred when Kaiser shared patients’ information with third-party advertisers like Google, Microsoft, and X (formerly Twitter).
Satirical Site The Onion Acquired by Global Tetrahedron
The satirical news website, The Onion, has been sold by G/O Media to a group of digital media veterans.