Since Forever 21's bankruptcy announcement, hundreds of former and current employees are taking matters into their own hands to protect themselves.
Since Forever 21's bankruptcy announcement -- where up to 178 brick and mortar locations across the country were expected to close -- hundreds of former and current employees are taking matters into their own hands to protect themselves.
Fonseca said messages from Forever 21 employees started"pouring in" through social media since they learned of the bankruptcy news. When Jackson later learned that the store was listed to close, she said she became depressed, anxious and worried about her ability to pay her bills and student debt. The number of major retailers declaring bankruptcy has been growing in recent years. In addition to shifts in consumer behavior, Congressman Garcia believes the record breaking store closures is largely due to the"impact of the negative roles of private equity in retail services area."
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