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Tag Archive | "Chapter 11 Bankruptcy"

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

250 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 in 40 countries. Forever 21 will be closing most of its international stores and 178 of its U.S. stores. Forever […]

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Toys “R” Us Considering Closing All of its Stores, According to Industry Reports

69 According to the Wall Street Journal, the store is preparing to abandon efforts at restructuring after filing for Chapter 11 bankruptcy in September, and will liquidate all of its stores. The Wall Street Journal reports that the announcement could come as soon as Monday as there is a bankruptcy hearing in Virginia. According to […]

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