The struggling fast-fashion retailer Forever 21 is closing more stores in across the Bay Area, laying off hundreds of employees in the process.
The store closures are coinciding with the pending headquarters closure in Los Angeles, where 358 people are losing their jobs.
Hampered by plummeting sales and rising competition from overseas e-commerce merchants, the 41-year-old company entered bankruptcy in 2019, closing at least 21 stores in California at the time. After decades of family ownership, the retail chain was sold in 2020 to investors, who now seek a new owner for the brand…