Forever 21 Files for Bankruptcy, to Close Hundreds of Stores

Forever 21 Files for Bankruptcy, to Close Hundreds of Stores
A view inside a Forever 21 store in Union Square in Manhattan, New York City, on Sept. 12, 2019. Photo by Drew Angerer/Getty Images
Jack Phillips
Jack Phillips
Breaking News Reporter
|Updated:

Clothing store Forever 21 filed for bankruptcy and might close as many as 178 stores across the United States, according to reports on Sept. 30.

The chain—popular in malls—filed for Chapter 11 bankruptcy protection, according to a statement.

Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
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