It’s the last day to use Forever 21 gift cards – Business News
For these nonetheless holding onto a Forever 21 gift card, in the present day is your last probability to spend it.
The fast-fashion retailer goes out of business and can honor all gift cards and store credit via the finish of day on Tuesday.
Forever 21 is closing all shops in the US after its second chapter submitting in six years. REUTERS
All gross sales in shops and on the Forever 21 web site are last, and the retailer is no longer accepting returns and exchanges because it prepares to shutter all shops throughout the nation.
In March, the company filed for chapter for the second time in six years after efforts to secure a purchaser over a number of months proved unsuccessful.
Its business was hampered by the COVID-19 pandemic and sticky inflation, and misplaced clients to stiff competitors from online retailers like Shein and (*21*).
Forever 21’s business was hampered by the COVID-19 pandemic and sticky inflation, and misplaced market share to online competitors. REUTERS
The retailer expects to close more than 350 shops by May 1, in accordance to court docket filings. REUTERS
Forever 21 expects to close more than 350 shops by May 1, in accordance to court docket filings.
The chapter course of solely applies to its US operations, the company mentioned in a assertion on its web site.
