The business model has also been criticized for its negative impact on the environment. “Forever 21 has not helped itself through these challenges: merchandising and the assortment have been ...

The harsh climate for retail continues to take its toll as yet another brand announces permanent closures. Forever 21 is folding—again. The once-iconic fast-fashion retailer filed for bankruptcy ...

If you have spent some time on social media across the past week, there’s a good chance you have seen the reports that Chipotle is closing down all of its stores and going out of business.

And while it plans to close its U.S. stores and hold going-out-of-business sales, there is still a chance for a sale that could keep some operations running. For now, Forever 21 stores and its ...

Party City is winding down its era with a “Everything Must Go” sale that will continue until all inventory is cleared out. Party City ... a nearly 40-year run in business.

Scammers will try to take advantage of anything, including “going out of business” sales. Recently, Joann Fabrics announced it would declare bankruptcy and close its stores for good.

While the going-out-of-business sales are expected to last for several weeks, gift cards can no longer be used as of Feb. 28. The deadline for the gift cards has angered many customers as the ...

As the going-out-of-business sales continue, however, Joann has announced that they will no longer be accepting gift cards sold by the company. The policy to no longer accept the gift cards into ...

It turns out Canada's oldest company hasn't been Canadian for quite some time You can save this article by registering for free here. Or sign-in if you have an account. Hudson’s Bay, a retailer ...