Nothing lasts forever. A West Nyack clothing store is now holding liquidation sales as its company has filed bankruptcy for the second time. Forever 21, which has a store in Palisades Center, first filed for bankruptcy protection in 2019, announcing Sunday it would wind down U.S. operations. While Forever 21 could find another partner to save it, WRCR market analyst Ken Mahoney of Mahoney Asset Management says that’s not likely to happen…
Forever 21 was founded in 1984 and expanded at a time when consumers were moving to online shopping.