Forever 21 has filed for bankruptcy for the second time in nearly six years and will begin winding down its U.S. operations, with all locations already beginning going-out-of-business sales.

Forever 21 has filed for bankruptcy protection for a second time and plans to close down its U.S. business as traffic in U.S. shopping malls fades and competition from online retailers like Amazon, ...

Forever 21, which a decade ago was seen as a leader in youth fashion retail, is set to permanently close all its U.S. stores as it files for bankruptcy for a second time. The operator of Forever 21's ...