- Forever 21 is expected to close 350 stores globally, including up to 111 locations in the US, after filing for Chapter 11 bankruptcy protection.
- The
fast-fashion retailer shared a revised list of possible store closings
in a court hearing Tuesday, saying it would begin store-wide sales and
rent negotiations through the end of the year in an attempt to prevent
permanent closings.
- "The decisions as to which domestic stores
will be closing are ongoing, pending the outcome of continued
conversations with landlords," a Forever 21 representative told Business
Insider in a statement earlier this month. "We do, however, expect a
significant number of these stores will remain open and operate as
usual, and we do not expect to exit any major markets in the US."
Forever 21 is expected to shutter up to 111 stores in the US, according to court documents filed Tuesday after the fast-fashion retailer filed for Chapter 11 bankruptcy protection in September.
- Bayshore Town Center; 5766 N. Bayshore Dr. #Q106, Glendale, WI 53217
- Mayfair Mall; 2500 Mayfair Road #0208, Wauwatosa, WI 53226
RSK: Only 2 in Wisconsin and both are in Milwaukee Suburbs.
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- - Volume: 7 - WEEK: 45 Date: 11/5/2019 8:47:07 AM -