Forever 21 is edging closer to shutting its doors for good. The struggling fast-fashion retailer, known for its $7 t-shirts and $12 dresses, is preparing to file for bankruptcy after failing to secure a buyer, Bloomberg reports. With 350 locations left, Forever 21 is owned by licensing giant Authentic Brands Group (ABG), while its stores,…
TikTok has made a grand return to both the Apple and Google app stores in the U.S., a significant change of pace after Donald Trump delayed the app’s ban last month. Originally yanked from the stores, the Chinese-owned platform had briefly suspended operations in the U.S. to comply with a law demanding TikTok’s parent company,…
Joann Fabrics, a longtime go-to destination for crafters and DIY enthusiasts, is drastically downsizing. The company has announced plans to close approximately 500 of its 850 U.S. locations, marking a major shift for the retail chain. The closures come after Joann filed for bankruptcy for the second time in less than a year. The company…
If you’re a bargain hunter like me, you are constantly on the lookout for a deal. While sales racks can be fun, finding a deal at a thrift store really gives me a rush. There are a number of thrift stores in and around Austin and knowing which ones are worth a trip can be…
Big Lots has received some good news, possibly saving hundreds of stores from closing. The company received approval from U.S. Bankruptcy Judge Kate Stickles on Tuesday for a last-minute sale that will keep 200 to 400 stores operating under new ownership. Judge Stickles approved the deal during a court hearing in Wilmington, Delaware, stating that…
