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Forever 21 Files For Bankruptcy Amid Fierce E-Commerce Competition
Forever 21 Inc to continue operations in Mexico and Latin America Fierce e-commerce competition has affected brick-and-mortar companies Since 2017, more than 20 US retailers have filed for bankruptcy
30 Sep 2019, 01:02 PM IST 
Forever 21 Inc said it plans to exit most of its international locations in Asia and Europe
Fashion retailer Forever 21 Inc said on Sunday it has filed for Chapter 11 bankruptcy protection to restructure its business, joining a growing list of brick-and-mortar players who have taken a hit from fierce e-commerce competition.
