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 intensifies
Read more at ABC News
-
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 - 9h -
Fashion-retailer Forever 21 files for bankruptcy for a second time
Forever 21's U.S. retail operator plans liquidation sales after filing Chapter 11 for the second time in six years.CBS News - 1h -
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 - 3h -
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 - 55m -
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 - 9h -
EV battery startup Northvolt files for bankruptcy in Sweden
Swedish firm unable to ‘secure the necessary financial conditions to continue in its current form’. Northvolt, the Swedish electric vehicle battery startup, has filed for bankruptcy in Sweden, ...The Guardian - 5d -
Ailing Swedish EV battery firm Northvolt files for bankruptcy
Struggling electric vehicle battery manufacturer Northvolt says it has filed for bankruptcy in Sweden.CNBC - 5d -
Northvolt files for bankruptcy in Sweden
Collapse of vehicle battery maker deals major blow to Europe’s bid to rival ChinaFinancial Times - 5d -
Fortnite Is Being Sued Over Its Item Shop Again
Fortnite has been the subject of lawsuits and other regulatory action a number of times over the years regarding its FOMO-driven item shop practices, and now we've got another one for the pile. A ...GameSpot - Mar. 7
More from ABC News
-
Trump claims Biden pardons for Jan. 6 committee 'void, vacant'
President Donald Trump claimed that former President Joe Biden's pardons of members of the committee and others were "void, vacant, and of no future force of effect."ABC News - 5h -
LIVE: ABC News Live
24/7 coverage of breaking news and live eventsABC News - 2d -
Sen. Chuck Schumer's book tour postponed amid funding vote controversy
Senate Minority Leader Chuck Schumer's three planned book tour events scheduled for this week have abruptly been postponed as of Monday morning.ABC News - 1h -
US shoppers modestly increased spending last month as concerns rise about economy
US shoppers stepped up their spending a just bit in February after a sharp pullback the previous month, signaling that Americans are shopping more cautiously as concerns about the direction of the ...ABC News - 1h -
WATCH: Australian teen runs 200-meter dash in under 20 seconds
Australian teenager Gout Gout blew away the competition in the 200 meters, setting a wind-assisted time of 19.98 seconds, and set the fastest time in the world this year in the same heats.ABC News - 4h
More in Top stories
-
6 debt management risks to know before enrolling
A debt management program is a smart debt relief option to consider, but there are downsides to know, too.CBS News - 6m -
6 debt management risks to know before enrolling
A debt management program is a smart debt relief option to consider, but there are downsides to know, too.CBS News - 6m -
Mar 17: CBS News 24/7, 10am ET
Trump administration deports hundreds of immigrants under Alien Enemies Act; NIH cuts raise concerns over impact on vaccine research.CBS News - 9m -
Mar 17: CBS News 24/7, 10am ET
Trump administration deports hundreds of immigrants under Alien Enemies Act; NIH cuts raise concerns over impact on vaccine research.CBS News - 9m -
Ferguson shipyard misses out on new CalMac ferry order
Polish shipbuilder Remontowa has instead been named preferred bidder for the seven all-electric vessels.BBC News - 10m