The widely popular clothing retailer Forever 21 has closed one of its locations in Stamford, Connecticut, signaling further struggles for the company.
Forever 21 in the Stamford Town Center Mall Closes
The Stamford Town Center Mall, where the Forever 21 store was situated, shut down suddenly at the end of June, as reported by the Stamford Advocate.
The closure came as a shock to many shoppers who had grown accustomed to the affordable prices and youth-focused fashion offered by the store.
According to the U.S. Sun, Forever 21’s decision to close this particular store follows its filing for Chapter 11 bankruptcy in 2019, a move that was accompanied by plans to shut down approximately 200 stores across the nation.
The company has been grappling with numerous challenges, with expensive store leases and unprofitable markets at the forefront. These difficulties were further exacerbated by the increasing trend of online shopping, which significantly impacted traditional brick-and-mortar retailers.
CNN reports that Forever 21 was particularly affected by this shift in consumer behavior.
Forever 21 Shocks Shoppers
The Stamford Town Center Mall had been home to a large Forever 21 store, spanning both the fourth and fifth levels of the mall. The sudden closure has left mall officials searching for a suitable replacement.
Dan Stolzenbach, the general manager of the mall, expressed optimism and revealed that negotiations were already underway for potential tenants to occupy the vacant space. He mentioned that there were a “couple of deals” in progress, raising hopes that the mall would soon welcome new businesses to the area.
Despite the closure of the Stamford location, Forever 21 fans in Connecticut can take solace in the fact that other stores in the state remain open.
The Connecticut Post Mall, Crystal Mall, Meriden Mall, and Tanger Outlets Foxwoods will continue to offer their trendy and affordable clothing options to eager shoppers.
It appears that, for now, these remaining stores have been spared from the same fate as their counterpart in Stamford.