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Re: Forever 21 bankrupt, closing 178 stores 

By: micro in POPE 5 | Recommend this post (1)
Mon, 30 Sep 19 10:15 PM | 29 view(s)
Boardmark this board | Pope 5 		Msg. 41075 of 62138
(This msg. is a reply to 41071 by capt_nemo)
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their name says it all.
Ya just can't be 21 forever. Somthing's gotta give.
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The above is a reply to the following message:
Forever 21 bankrupt, closing 178 stores
By: capt_nemo in POPE 5
Mon, 30 Sep 19 9:54 PM 		Msg. 41071 of 62138

Retail chain Forever 21 is the latest victim of the ongoing retail apocalypse.

The Los Angeles-based chain has filed for voluntary Chapter 11 bankruptcy protection, according to a statement posted on the company’s website.

“Essentially this allows Forever 21 to continue to operate its stores as usual, while the company takes positive steps to reorganize the business so we can return to profitability and refocus on delivering incredible styles and fashion you love for many years to come,” the statement said.

The statement stressed the bankruptcy did not mean Forever 21 was going out of business.

http://www.al.com/news/2019/09/forever-21-bankrupt-closing-178-stores.html

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