Forever 21, Hooters, and 7 other restaurant and retail chains going bankrupt right now

Business and Finance Business and Finance

Tue, March 18, 2025

[ Tue, Mar 18th ] - WOPRAI

Short squeeze is starting in shares of ULY at $3. .. 36, after crossing above the $0.393 Trigger Price

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[ Tue, Mar 18th ] - CNN

How to invest when stocks are volatile

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Rock group's return to touring includes a show in Pa.: Where to buy tickets

[ Tue, Mar 18th ] - Forbes

Adapting To Geopolitical Shifts And New Technologies With B2B Payments

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[ Tue, Mar 18th ] - Fortune

Bill Gates says Satya Nadella was 'almost' passed over for Microsoft CEO role

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[ Tue, Mar 18th ] - Forbes

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[ Tue, Mar 18th ] - Fortune

Wall Street sell-off is actually being caused by .. ectations vs reality, says JPMorgan strategy boss

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[ Tue, Mar 18th ] - Forbes

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[ Tue, Mar 18th ] - Reuters

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[ Tue, Mar 18th ] - CNN

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[ Tue, Mar 18th ] - Reuters

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[ Tue, Mar 18th ] - Reuters

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[ Tue, Mar 18th ] - WOPRAI

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[ Tue, Mar 18th ] - WOPRAI

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[ Tue, Mar 18th ] - Firstpost

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Forever 21, Hooters, and 7 other restaurant and retail chains going bankrupt right now

^{Published on 2025-03-17 23:42:19 - Quartz}

Coresight Research, a retail and technology data platform, predicts an escalation this year, with around 15,000 stores expected to shutdown. Among the notable closures are some major names like Hooters and Big Lots (BIG).

The article from MSN Money discusses the financial struggles of several well-known restaurant and retail chains in the U.S. that are currently facing bankruptcy. Forever 21, once a dominant force in fast fashion, has been grappling with declining sales and fierce competition from online retailers. Hooters, known for its unique dining experience, is also facing financial difficulties due to changing consumer preferences and economic pressures. Other chains mentioned include Red Lobster, which has been hit by rising costs and a shift in dining habits; The Body Shop, dealing with a challenging retail environment; and several others like Rite Aid, which is undergoing a significant store closure plan. The article highlights how these companies are attempting to restructure or find buyers to avoid complete shutdown, reflecting broader economic trends affecting the retail and restaurant sectors.

Read the Full Quartz Article at:
[ https://www.msn.com/en-us/money/economy/forever-21-hooters-and-7-other-restaurant-and-retail-chains-going-bankrupt-right-now/ar-AA1zYxBe ]

N@N

Forever 21, Hooters, and 7 other restaurant and retail chains going bankrupt right now