Fashion-retailer Forever 21 files for bankruptcy for a second time
Read more at CBS News
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Forever 21 set to shut down its U.S. operations as it files for bankruptcy
Forever 21, once a leader in youth fashion retail, is set to permanently close all its U.S. stores as it files for bankruptcy for a second time.NBC News - 6h -
Forever 21 Operator Files for Bankruptcy
The company, which helped popularize fast fashion in the United States, has struggled to compete with online retailers. It is the company’s second bankruptcy filing in six years.The New York Times - 13h -
Mall staple Forever 21 files for bankruptcy protection, again
Forever 21 has filed for bankruptcy protection for a second time as traffic in U.S. shopping malls fades and competition from online retailers like Amazon, Temu and Shein intensifiesABC News - 7h -
Forever 21 files for bankruptcy in the US
US stores will remain open as Forever 21's operating company "begins its process of "winding down".BBC News - 12h -
Forever 21 expected to close all U.S. stores, blames Shein and Temu for demise
Forever 21 blamed its second bankruptcy on rising competition from upstarts like Shein and Temu and their use of the de minimis exemption, a trade law loophole.CNBC - 53m -
Mar 17: CBS News 24/7, 1pm ET
Trump claims Biden's pardons for Jan. 6 committee are void because of autopen signatures; Forever 21 files for bankruptcy again.CBS News - 39m -
10-, 30-year yields lower as February retail sales come in weak
Yields on U.S. government debt were mixed Monday morning after February retail sales came in below expectations and raised continued questions about the strength of the economy.MarketWatch - 5h -
Retail sales rose modestly in February, but fell short of forecasts
Weaker than expected retail sales comes as businesses warn that U.S. consumers are pulling back on spending.CBS News - 5h -
China’s retail sales strengthen at the start of the year, industrial output tops expectations
China's economic data for the first two months of the year showed a modest pickup as Beijing reiterated its plan to bolster domestic consumption.CNBC - 15h
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