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 ...

Party City recently sent out an email announcing ... shut down its online store, reports NJ.com. Party City is shuttering all its stores, ending a nearly 40-year run in business.

And while it plans to close its U.S. stores and hold going-out-of-business sales ... Once a go-to store for trendy, affordable fashion, Forever 21 has struggled to keep up with online retailers ...