While reports are circulating that Forever 21 Inc. could file for Chapter 11 bankruptcy protection as early as Sunday, the fashion retailer told USA TODAY that's not the case.
"The reports are inaccurate; Forever 21 is not planning to file for bankruptcy on Sunday," the company said in a statement. "Our stores are open and it is our intention to continue to operate the vast majority of U.S. stores, as well as a smaller amount of international stores.". . . more