Forever 21 to Close 200 Stores as it Considers Second Bankruptcy
Retail TouchPoints
FEBRUARY 24, 2025
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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