Forever 21 Bankrupt and Closing All Stores

News and releases from metro area businesses
ChadJK
Planning Board
Posts: 2518
Joined: Tue Feb 19, 2019 8:51 pm

Forever 21 Bankrupt and Closing All Stores

Post by ChadJK »

Forever 21 has filed its second bankruptcy in six years. They will be winding down operations in the United States and eventually closing all stores.

https://www.cnn.com/2025/03/17/business ... uptcy-intl
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nativeomahan
County Board
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Joined: Fri Nov 12, 2004 8:46 pm
Location: Omaha and Puerto Vallarta

Re: Forever 21 Bankrupt and Closing All Stores

Post by nativeomahan »

Forever Chapter 11.
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damonhynes
Parks & Recreation
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Location: Montgomery County, Texas

Re: Forever 21 Bankrupt and Closing All Stores

Post by damonhynes »

nativeomahan wrote: Wed Mar 19, 2025 11:10 pm Forever Chapter 11.
Beat me to it. :;):
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nativeomahan
County Board
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Re: Forever 21 Bankrupt and Closing All Stores

Post by nativeomahan »

The Westroads store is shuttered. Funny, they still are selling their brand clothing at JCPenney.
BuildTaller
Home Owners Association
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Re: Forever 21 Bankrupt and Closing All Stores

Post by BuildTaller »

nativeomahan wrote: Mon Apr 07, 2025 1:23 am The Westroads store is shuttered. Funny, they still are selling their brand clothing at JCPenney.
From what I read online, this is exactly what the owner (Authentic Brands) has done many times in the past. Buy the rights and have someone sell the product while paying a licensing fee.
djc311
Planning Board
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Re: Forever 21 Bankrupt and Closing All Stores

Post by djc311 »

nativeomahan wrote: Mon Apr 07, 2025 1:23 am The Westroads store is shuttered. Funny, they still are selling their brand clothing at JCPenney.
Will be interesting to see how Westroads tries to fill that HUGE void across two floors. I imagine it will need to be at least 2 different tenants.