Forever 21: 4 Reasons it Failed & Filed for Bankruptcy
Indigo 9 Digital
FEBRUARY 28, 2023
By Tricia McKinnon Forever 21 used to be top of mind for teens and twenty somethings but then things slowly began to change. If you can’t move all of the inventory then markdowns are required which eats into sales per sq. By 2017 Forever 21 decided it would open 40 F21 Red stores within that year alone.
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