Forever 21 Fails to Live Up to Its Name, Files for Bankruptcy
Close to 200 Forever 21 locations may be coming to an abrupt end after the discount retailer filed for Chapter 11 bankruptcy protection this week. The company was undone by declining mall traffic, expensive leases and ecommerce competition over the years.
Forever 21 has close to 800 brick-and-mortar locations worldwide, including 534 in the United States. Approximately one-third of its United States footprint is expected to close through the bankruptcy filing.
On Business Casual, hosts Tyler Kern and Geoffrey Short examined the company’s missteps and debated whether the retail apocalypse is playing out as many in the industry feared.
Latest
VuWall’s Security Features Utilize AV Over IP to Meet Workplace Security Demands
The significant shift in security demands has seen modest operation centers evolve into larger, more intricate spaces. This change isn’t just a nod to expansion but underscores the demand and importance of comprehensive security in modern businesses. Then enter AV over IP solutions, which replaces the old-fashioned bulky matrix switchers and provides a decentralized […]
GSX 2023: The Present And Future Of Cybersecurity Architecture With Johnson Controls
In today’s rapidly evolving technological landscape, the integration of security systems and cybersecurity architecture is paramount for businesses. Johnson Controls, one of the biggest security system integrators in North America, recognizes the challenges faced by organizations in ensuring the reliability and uptime of their security investments. With the rise of connected devices, cybersecurity threats have […]
FIS Podium
Designed in collaboration with CBP, Parabit FIS Podiums are intelligently designed to support touchless passenger processing and efficiently accommodate change over time – technology upgrades, the way passengers are processed, and the way people flow is managed.