{"id":25818,"date":"2025-03-17T18:39:43","date_gmt":"2025-03-17T13:09:43","guid":{"rendered":"https:\/\/bigbreakingwire.in\/?post_type=breaking_news&#038;p=25818"},"modified":"2025-03-17T18:39:46","modified_gmt":"2025-03-17T13:09:46","slug":"forever-21-files-for-bankruptcy-again","status":"publish","type":"breaking_news","link":"https:\/\/bigbreakingwire.in\/breaking_news\/forever-21-files-for-bankruptcy-again\/","title":{"rendered":"Forever 21 Files for Bankruptcy Again"},"content":{"rendered":"<div class=\"wp-block-post-date\"><time datetime=\"2025-03-17T18:39:43+05:30\">17\/03\/2025<\/time><\/div>\n\n\n<p>Forever 21 Files for Bankruptcy AgainForever 21, the well-known fashion retailer, has gone bankrupt for the second time in six years. The company struggled to compete with fast-growing online brands like Shein and Temu.<\/p>\n\n\n\n<p>As a result, Forever 21 will close its stores and sell off its remaining products. The company is also trying to find a buyer for its assets, but no one has shown interest so far.<\/p>\n\n\n\n<p>Several problems led to this downfall. Rising costs made it harder to run the business, trade uncertainty created financial instability, and fewer people visited shopping malls, reducing sales.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Forever 21 Files for Bankruptcy AgainForever 21, the well-known fashion retailer, has gone bankrupt for the second time in six years. The company struggled to&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-25818","breaking_news","type-breaking_news","status-publish","format-standard","hentry","entry","rows"],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":false,"_links":{"self":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/breaking_news\/25818","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/breaking_news"}],"about":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/types\/breaking_news"}],"author":[{"embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/comments?post=25818"}],"version-history":[{"count":1,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/breaking_news\/25818\/revisions"}],"predecessor-version":[{"id":25820,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/breaking_news\/25818\/revisions\/25820"}],"wp:attachment":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/media?parent=25818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/categories?post=25818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/tags?post=25818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}