All 44 Forever 21 stores in Canada shutting down before the end of 2019

CTV Chief Financial Commentator Pattie Lovett-Reid says the company's debts were growing, and Canadian 2,000 employees will be impacted by the closures.

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13 comments

  1. 44 stores here in Canada? What the? Really? Why? Are they owned by Starbucks, or did they just model their business plan for over saturation of the market?

  2. Overpriced and cheap quality made in China clothes. I get better quality clothing at Walmart for a cheaper price than at Forever 21.

  3. It’s high rent and high business and payroll taxes. The Goverment in Canada set businesses up for failure. If not very, very well managed it will not survive.

    1. Where I’m from, everything is already on sale. All their mini stuff on the shelves by the lineup is like, 2 dollars, and most of their clothing is on sale, with a huge chunk on clearance racks.

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