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Forever 21 has been a fast fashion staple for more than 40 years, offering trendy clothes at low prices. At its peak, the brand earned more than $4 billion in annual sales.

Forever 21 is filing for Chapter 11 bankruptcy and is closing down all of its U.S. stores, including 15 locations in New Jersey.

Forever 21 is closing stores as the fast-fashion retailer's U.S. operator is considering bankruptcy, five years after the company escaped Chapter 11, according to multiple reports.

WASHINGTON — Forever 21 has filed for bankruptcy protection for a second time and plans to close down its U.S. business as traffic in U.S. shopping malls fades and competition from online ...

Forever 21, a popular clothing retailer for millennials, has filed for bankruptcy for the second time and plans to close all of its stores in the United States, according to the Associated Press ...