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USA TODAY Discounts, Deals and Coupon Codes

Forever 21 closing after 40 years in business

3,233 1,585 March 18, 2025 at 11:24 PM USA TODAY
I just heard this on the radio from a local DJ.

Is anyone going to miss it?

https://www.usatoday.com/story/mo...516107007/
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ablang
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Joined Dec 2005
My # is bigger than yours
> bubble2 37,247 Posts
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SnakePlisken
03-19-2025 at 08:35 AM.
03-19-2025 at 08:35 AM.
Nope, never heard of it?
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Joined Nov 2006
L10: Grand Master
> bubble2 8,312 Posts
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LC2
03-19-2025 at 11:18 AM.
03-19-2025 at 11:18 AM.
Quote from SnakePlisken :
Nope, never heard of it?
That's where your entire wardrobe came from isn't it? Confused

They may be selling on Amazon to liquidate. We've had a ton of Forever 21 clothes on Amazon Vine the past few weeks. Easy to see why they're going out of business.
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Joined Aug 2003
(o)(o)
> bubble2 9,521 Posts
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ikonoklast
03-22-2025 at 07:19 AM.
03-22-2025 at 07:19 AM.
Private equity initiated bankruptcy?
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Joined Sep 2005
deal seeking cheapskate
> bubble2 59,664 Posts
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sampsonti
03-23-2025 at 05:37 PM.
03-23-2025 at 05:37 PM.
Another bites the dust…..sad.
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Joined Mar 2009
Schrödinger's Frog
> bubble2 19,424 Posts
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Frogstar
03-24-2025 at 09:30 AM.
03-24-2025 at 09:30 AM.
Quote from ikonoklast :
Private equity initiated bankruptcy?
Seems there may actually be more to it this time, one of the founders stepped back from making purchasing decisions, the company started delving into new areas and opening larger stores, leading to the first bankruptcy a few years ago. They briefly bounced back, but now can't compete with Shein, Temu, and much of their core audience having their purchases guided by way of TikTok. I mean I won't be surprised if there were also corporate shenanigans, but I don't think it's just that.
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Joined Nov 2006
L10: Grand Master
> bubble2 8,312 Posts
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LC2
03-25-2025 at 12:03 AM.
03-25-2025 at 12:03 AM.
Quote from Frogstar :
Seems there may actually be more to it this time, one of the founders stepped back from making purchasing decisions, the company started delving into new areas and opening larger stores, leading to the first bankruptcy a few years ago. They briefly bounced back, but now can't compete with Shein, Temu, and much of their core audience having their purchases guided by way of TikTok. I mean I won't be surprised if there were also corporate shenanigans, but I don't think it's just that.
Like... what kind of shenanigans? Popcorn
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Joined Mar 2009
Schrödinger's Frog
> bubble2 19,424 Posts
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Frogstar
03-25-2025 at 10:07 AM.
03-25-2025 at 10:07 AM.
Quote from LC2 :
Like... what kind of shenanigans? Popcorn
Just garden-variety vulture capitalism, nothing fun. Well, not unless you're one of the vultures, anyway Prop
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