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Fashion retailer Forever 21 closes all U.S. stores, citing competition and economic pressures.
Once-popular clothing brand Forever 21 is closing all its US stores, including its last location in Minnesota.
The company, which filed for bankruptcy for the second time, cites foreign competition from fast-fashion retailers, rising costs, economic challenges, and changing consumer trends as reasons for the closure.
This follows a trend of increased retail store closures, with 2024 seeing the highest number since the pandemic.
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La tienda de moda Forever 21 cierra todas las tiendas estadounidenses, citando la competencia y las presiones económicas.