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Forever 21 closes all US stores

Summary by WPLG
Forever 21 has closed all of its stores in the United States.The last store closed on May 1. Forever 21 first filed for bankruptcy protection in 2019. The following year, it was acquired by a consortium of parties including Authentic Brands Group and mall owners Simon Property Group and Brookfield Property Partners. In early January, Forever 21’s parent company, Sparc Group, merged with JCPenney to form Catalyst Brands, a new entity that also in…

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WPLG broke the news in Miami, United States on Monday, May 5, 2025.
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