The company released a full list of possible closures in court on Tuesday, adding the caveat that Forever 21 does "not anticipate" closing all 178 "underperforming brick-and-mortar store locations ...

Sources close to the matter told Bloomberg that "a bankruptcy filing would help the company shed unprofitable stores and recapitalize the business." Forever 21 was founded in 1984 and rose to ...

It expects to close up to 350 stores worldwide, a spokesperson said, including as many as 178 US stores. Forever 21 sells inexpensive, trendy clothes and accessories, and competes against brands ...

Forever 21 sells men's and women's clothing and accessories ... the company filed for Chapter 11 Bankruptcy protection and announced it would be closing stores worldwide.

JCPenney is merging with a company that owns a number of other once-bankrupt clothing stores, including Forever 21 and Brooks Brothers, to form a new company that will hold significant sway over ...