Forever 21 Files for Bankruptcy, Announces Plans to Close Some Stores in US

Forever 21 Files for Bankruptcy, Announces Plans to Close Some Stores in US
Inside a Forever 21 store in Union Square in Manhattan, New York City on Sept. 12, 2019. Drew Angerer/Getty Images
Zachary Stieber
Zachary Stieber
Senior Reporter
|Updated:

Retailer Forever 21 filed for bankruptcy on Sept. 29 but said the company will not be going out of business.

The company voluntarily filed for bankruptcy to reorganize the business, it said in a letter to customers.
Zachary Stieber
Zachary Stieber
Senior Reporter
Zachary Stieber is a senior reporter for The Epoch Times based in Maryland. He covers U.S. and world news. Contact Zachary at [email protected]
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