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Forever 21 Files for Chapter 11 Bankruptcy, Declares Decisive Step to a Successful Track in the Future

253 Forever 21, a Los Angeles-based fast fashion retailer for teen shoppers, announced on September 29, 2019 that the privately-held company was filing for Chapter 11 bankruptcy protection, and that the company was ceasing operations […]

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Sports Authority Closing Schaumburg Store, 10 Other Illinois Stores, and About 140 Stores Nationwide with Bankruptcy

31 Sports Authority Inc., is closing about 140 of its stores nationwide (11 in Illinois) after filing for bankruptcy reorganization. The Randhurst Village store, which moved a few years ago from their previous location on […]