Retail Giant Closing 21 Stores in New York

A major retailer has confirmed they are closing 21 of its stores in New York, including all of its Hudson Valley locations.

Last week we told you that the once popular mall staple Forever 21 was in jeopardy of filing for bankruptcy for the second time in the last five years. Back in 2019, Forever 21 announced it would be filing for bankruptcy protection, and now it appears they will be doing it again, and closing many of its stores in New York and New Jersey.

Forever 21 Exploring Options

The LA-based clothing company recently announced it was exploring its options as they continue to struggle to compete with online retail giants like Shein and Temu, who offer similar products at oftentimes cheaper prices……

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