FOREVER 21 GOING-OUT-OF-BUSINESS SALES HAPPENING NOW AT ALL STORES AND ONLINE, WITH MASSIVE STOREWIDE SAVINGS
- On March 27, 2025, Hilco Consumer-Retail, located in Northbrook, Ill., announced that Going-Out-of-Business sales are in progress at Forever 21's US stores and online locations after F21 OpCo, the US operating company of Forever 21, filed for bankruptcy.
- Forever 21, a leading fast-fashion retailer selling apparel and accessories for women, men, and children, faced increased competition from online fast fashion companies like Shein and Temu, which contributed to the bankruptcy filing.
- Customers can find discounts up to 60% off the lowest marked prices on all merchandise categories, with store fixtures and equipment also available for purchase, but all sales are final for purchases made on or after February 24, 2025, and gift cards are accepted until April 15, 2025.
- Hilco Consumer-Retail CEO Ian Fredericks stated, "Customers should shop early for the best selectiononce items are sold out, they're gone!", emphasizing that stores are fully stocked with fresh inventory being added.
- This marks the second time in six years that Forever 21 has filed for bankruptcy, leading to the closure of all stores and the shutdown of their Los Angeles headquarters, impacting employees, mall traffic, and vacancy rates, though it is unclear if a new buyer will emerge or if liquidation of all assets will occur.
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FOREVER 21 GOING-OUT-OF-BUSINESS SALES HAPPENING NOW AT ALL STORES AND ONLINE, WITH MASSIVE STOREWIDE SAVINGS
NORTHBROOK, Ill., March 27, 2025 /PRNewswire/ -- Going-Out-of-Business sales are in progress at Forever 21, a leading fashion retailer of women's, men's, and children's apparel and accessories, following the US operating company F21 OpCo's recent bankruptcy filing. The liquidation sales…
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