Forever 21 has filed for bankruptcy for the second time in nearly six years and will begin winding down its U.S. operations, with all locations already beginning going-out-of-business sales.

Forever 21, which a decade ago was seen as a leader in youth fashion retail, is set to permanently close all its U.S. stores as it files for bankruptcy for a second time. The operator of Forever 21's ...

Forever 21 has become the latest store to remind us that nothing is really forever. The clothing chain has filed for bankruptcy. The company says it is not going away, but it may close nearly 200 ...