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Shopping Mall Staple To Close CA Headquarters, Shut Down 200 Stores: Report

Summary by Patch
Forever 21 To Close LA Headquarters, Shut Down 200 Stores: Report - Los Angeles, CA - The fast fashion retailer plans to lay off hundreds of people at its California headquarters as it heads toward a second bankruptcy.

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USA TodayUSA Today

Forever 21 to lay off over 350 workers, shut down LA headquarters as store closures continue

Forever 21 will be shuttering its Los Angeles headquarters and laying off over 350 people as a potential bankruptcy looms and store closures continue.

·United States
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PatchPatch

Shopping Mall Staple To Close CA Headquarters, Shut Down 200 Stores: Report

Forever 21 To Close LA Headquarters, Shut Down 200 Stores: Report - Los Angeles, CA - The fast fashion retailer plans to lay off hundreds of people at its California headquarters as it heads toward a second bankruptcy.

·United States
Read Full Article
Fox BusinessFox Business

Forever 21 likely to shutter remaining stores with second bankruptcy nearing

Fast fashion retailer Forever 21, on the brink of filing for bankruptcy protection for the second time, is expected to shutter all of its stores as a result. Sarah Foss, head of legal at Debtwire, projects that the retailer could file for Chapter 11 within the next few weeks, if not sooner, and will liquidate its assets, including all 350 of its stores, as part of that process. "A Chapter 11 liquidation appears to be the most likely scenario for…

·United States
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financialnewsnetwork.comfinancialnewsnetwork.com

Financial News Network - Forever 21 likely to shutter remaining stores with second bankruptcy nearing

Forever 21 is expected to file for Chapter 11 bankruptcy for a second time as it faces relentless competition and a massive store footprint that has proven to be unsuccessful.Read More …

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Fox Business broke the news in United States on Wednesday, February 26, 2025.
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Similar News Topics

Forever 21

Forever 21

Fashion

Fashion

Bankruptcy

Bankruptcy

Los Angeles, California

Los Angeles, California

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