Forever 21 Location Will Close In Minnesota

BLOOMINGTON, MN — The retail chain Forever 21 is closing 178 stores across the country as part of its bankruptcy proceedings. The apparel retailer released a list on Tuesday of these nearly 180 locations and it includes one store in Minnesota.

Forever 21 announced it had filed for Chapter 11 bankruptcy in a letter to customers on Sunday, Sept. 29.

The Forever 21 location at the Mall of America is expected to close.

Forever 21 saw its revenue decrease to $3.3 billion last year, which is down from the $4.4 billion in 2016, according to the New York Times. The company has also laid off more than 10,000 people since 2016.

The teenage clothing store made it clear, though, it wasn’t going out of business, and instead filed for bankruptcy protection as a “deliberate and decisive step to put us on a successful track for the future,” according to the letter.

“We are confident this is the right path for the long-term health of our business,” Forever 21 said in the letter to customers. “Once we complete a reorganization, Forever 21 will be a stronger, more viable company that is better positioned to prosper for years to come.”