March 17 (UPI) --The retail chain Forever 21 announced it will enter bankruptcy proceedings while it seeks a buyer for the financially troubled company in its second Chapter 11 filing in six years.
For the second time in six years, Forever 21 has filed for Chapter 11 bankruptcy protection, and will begin a “wind down” of operations. The retailer will hold sales at its physical stores across the ...
Forever 21 is filing for Chapter 11 bankruptcy and is closing down all of its U.S. stores, including 15 locations in New Jersey. Brad Sell, the company’s CFO, said in a statement that the company ...