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North Carolina Hit Hard as Bankruptcy Forces Retail Chain to Close Every Store - Legalization Profiles

Summary by legalizationprofiles.org
The retail industry continues to struggle with yet another major retailer filing for bankruptcy today. Forever 21, the trendy fashion retailer, has filed for bankruptcy for the second time in six years, signaling the closure of all its U.S. locations, including 10 stores across North Carolina. The company’s financial troubles have been mounting, with losses exceeding $400 million over the past three fiscal years. Despite attempts to rebound, ris…
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North Carolina Hit Hard as Bankruptcy Forces Retail Chain to Close Every Store - Legalization Profiles

The retail industry continues to struggle with yet another major retailer filing for bankruptcy today. Forever 21, the trendy fashion retailer, has filed for bankruptcy for the second time in six years, signaling the closure of all its U.S. locations, including 10 stores across North Carolina. The company’s financial troubles have been mounting, with losses exceeding $400 million over the past three fiscal years. Despite attempts to rebound, ris…

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legalizationprofiles.org broke the news in on Sunday, March 30, 2025.
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