Forever 21 Reportedly Considers Filing for Bankruptcy

Forever 21 Reportedly Considers Filing for Bankruptcy

Bankruptcy Rumors br Hit Retailer Forever 21 .br The chain, which started br in 1984, is located in br over 57 countries.br Worldwide, it has around br 800 locations and had been br opening up new ones since 2016.br 600 of them are in br the United States.br But according to 'Bloomberg,' unprofitable stores have led to the company meeting br with financial advisers and lenders.br 'Bloomberg' adds that the retail chain may avoid the filing if it restructures its debt.br Forever 21 management has br not yet commented on the br bankruptcy rumors.br Should it file, Forever 21 would become the latest retail chain to fall victim to a br struggling sector in the U.


User: Wibbitz Top Stories

Views: 53

Uploaded: 2019-08-30

Duration: 00:59

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