#Forever21, which a decade ago was seen as a leader in youth fashion retail, is set to permanently close all its U.S. stores as it files for bankruptcy for a second time.⁠ ⁠ The operator of Forever 21's U.S. unit said in a release that foreign competition from fast-fashion groups, rising costs, economic challenges impacting its core customers, and evolving consumer trends were to blame for the development.⁠ ⁠ Stores and the company's U.S. website will remain open as the company begins winding down operations and seeks a last-minute bidder for its assets.⁠ ⁠ Click link 🔗 in bio for #breaking details: on.nbc10.com/Ucua64d