Half of Forever 21 stores in KC metro could close

Andrew Cummings
October 3, 2019

The global fashion retailer announced Monday (Manila time) that it has filed for bankruptcy protection, the latest to run into trouble amid the rise of online shopping that has cut foot traffic to malls and brick-and-mortar stores.

An outlet in Roseville's Westfield Galleria mall and the one in Folsom's Palladio at Broadstone were listed among 178 lackluster stores in the United States that may be closed to alleviate financial pressure on the company.

It's important to note that it's possible that not all of the locations on the list will close, but that the locations are listed as the most unprofitable and will close if no further deals are reached.

According to documents filed in US bankruptcy court on Tuesday, most of the stores will begin store closing sales this fall, with the goal of shutting down completely by December 31.

Forever 21 Canada now has 44 stores in Alberta, British Columbia, Manitoba, Ontario, Quebec and Nova Scotia and employs approximately 2,000 people. Thirty-eight other locations in California also made the list.

Forever 21 management examined its 549 stores on the merits of historical profits, rent costs and their local markets, and sought authorization to close some of them, but in a bankruptcy filing document, the company said it did not plan on closing all of the selected locations.

Forever 21, which launched in 1984, led a wave of "fast fashion" shopping, characterized by frequent turnover of new styles along with a low price tag.

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