# @nbcphiladelphia on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/DHTaKTpzfvG
- **Gondola URL:** https://gondola.cc/posts/27474042-nbcphiladelphia-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/138d64bc5c.jpg
- **Posted:** 2025-03-17T14:08:52.000+00:00
- **Account Owner:** NBC10 Philadelphia (@nbcphiladelphia) — https://gondola.cc/nbcphiladelphia

## Caption

#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.⁠
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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.⁠
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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.⁠
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Click link 🔗 in bio for #breaking details: http://on.nbc10.com/Ucua64d

## Stats

- **Views:** 0
- **Likes:** 602
- **Shares:** 0
- **Comments:** 14

## Tags

breaking, forever21

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