After months of speculation and ramped-up news reports in recent weeks, Forever 21 finally filed for bankruptcy protection Sunday.
The retailer, a shopping-mall staple synonymous with “fast fashion” that offers affordable versions of more expensive trends, filed for Chapter 11 protection in Delaware on Sunday night, signaling the struggle of brick-and-mortar retail will likely continue as rents soar and online shopping increases competition.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]