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Forever 21 plans to file for bankruptcy as early as Sunday



The Forever 21 Inc. chain plans to file for bankruptcy on Sunday after several months of cash crunch, according to people familiar with the case.

For several months, the company has been seeking a new loan to prevent bankruptcy, the people said, which said the company would file Delaware. Forever 21 plans to close some of its more than 700 stores in bankruptcy, said one of the people.

Forever …


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