Retail News

Forever 21 closing 200 stores as part of Chapter 11 restructuring

CNN 10/30/2019

Forever 21 has announced that it will close 200 stores as part of its restructuring under Chapter 11 bankruptcy protection. The clothing chain is in the process of trying to renegotiate or get out of leases in many of its stores. The chain leases 549 properties in the U.S. and 251 in other countries.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!