Monday, September 16, 2019
Forever 21 is now filing bankruptcy. It once was making up to $4.4 billion in profit for young and trendy people. I always checked out their holiday sales, where I bought interesting items, including skincare and nailcare as well as clothes, shoes, and accessories. It has already closed about 15,000 retail stores all over USA, and it might even close down more, around 75,000 stores.
This is a sad day for the industry of retailing.
I wonder what happened …
I think it is like the other young girl boutiques, other stores, and restaurants, such as Wet Seal, Charlottes Russe, Owl and Fish, and etc, one by one, they are dropping like flies…maybe it is all about the nwo and collapse of america and business, trying to force people to buy online. i rarely shop online. i prefer shopping in stores because i like to browse and try things on. 98% of my shopping is in person, inside malls and other stores, while only 2% of the stuff i buy might be online