Why did Forever 21 go out of business? What to know in Michigan

Michigan’s nine Forever 21 stores permanently closed in spring 2025.The retail chain filed for Chapter 11 Bankruptcy in March.Forever 21 is gone forever in Michigan and nationwide as the chain’s bankruptcy moves forward.
As malls and the once-popular fast-fashion retailer have declined, Forever 21 struggled financially amid global competition from online retailers, leading the company to file Chapter 11 bankruptcy and close all U.S. stores this spring.
In Michigan, the nine stores at malls across the state were set to have closed permanently as of May 1.
“On behalf of the Company, I’d like to express our deep appreciation for the hard work of our dedicated employees and their commitment to our customers. We are also grateful for the many years of support from our partners and our loyal customers, who have allowed us to serve as a fashion industry leader and go-to retailer for generations,” Chief Financial Officer Brad Sell said in the bankruptcy announcement.