Popular Clothing Store Closing These Stores Across Georgia
Wednesday, March 19th, 2025
Forever 21 has filed for bankruptcy protection for a second time and plans to close down its U.S. business as traffic in U.S. shopping malls fades and competition from online retailers like Amazon, Temu and Shein intensifies.
Forever 21 joined other retailers recently, filing for Chapter 11 bankruptcy protection or liquidating. These retailers are facing slowed consumer spending and rising operating costs due to inflation.
Read More At: 11Alive
