One of the country's biggest clothing stores has fallen on some tough times. This video talks about why Forever 21 has been having so much trouble.Company Man Mike did a good job of summarizing the story of Forever 21 and updating what happened since I wrote CNBC explains why U.S. malls are disappearing, plus Forever 21 and Brooks Brothers saved for now, tales of the Retail Apocalypse and pandemic on March 5, 2021. In particular, I like his list of liabilities for the company.
I also appreciated that Company Man Mike mentioned the environmental costs of fast fashion. That's something that's important to me.
I have another video about the Retail Apocalypse to share from Erik of Retail Archaeology. Stay tuned.