Fashion retailer Forever 21 announced on Sunday, March 16, it is filing for bankruptcy. The company said in a statement that its stores and website in the United States will remain open and continue serving customers for now, but it is implementing an “orderly wind-down” of its business. Forever 21 said that it will start liquidation sales at its US stores while also attempting to find a buyer.
Source: Depositphotos
There are five Forever 21 locations in Colorado:
Broomfield — FlatIron Crossing
Fort Collins — Foothills Mall
Littleton — Southwest Plaza
Lone Tree — Park Meadows
Thornton — Denver Premium Outlets
As with other bankruptcy filings, there is limited information on when liquidation sales begin and what discounts will be available. But if you are a Forever 21 fan, this may be your last chance to buy their clothing.
According to some news reports, going-out-of-business sales began in mid-February for some poor performing locations. These will close the week of March 30. All other locations will close by May 1.
If we receive more details, we will post updates. And if you check out the stores, please drop a comment below or send an update to Laura@MileHighOntheCheap.com.