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Forever 21 to Close 200 Stores as it Considers Second Bankruptcy

Retail TouchPoints

The news follows rumblings last week that the retailer was struggling to maintain its sprawling brick-and-mortar presence amid increased competition in the fast fashion sector. the brand is operated by the company formerly known as SPARC Group , which became Catalyst Brands in January 2025 after it merged with JCPenney.

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Off-Price Retail: A Double-Edged Tool For Brands With Excess Inventory Needs

Retail TouchPoints

By optimizing excess inventory management and partnering with off-price retailers, companies can distribute leftover products through a simplified process that creates additional revenue and reduces harmful waste — a proven win-win recipe for brand growth, customer loyalty and sustained success. How Is Excess Inventory Optimized?