Multiple Hudson Valley Forever 21 Locations Expected To Close
Following the announcement Forever 21 filed for bankruptcy, speculation has begun about what Hudson Valley locations will close.
On Monday, September 30, 2019, it was announced that Forever 21 filed for chapter 11 bankruptcy. The fast-fashion retailer could close up to 178 locations nationwide. Within the Hudson Valley, they have locations in Poughkeepsie, Middletown, Nyack, and Harriman.
According to Patch, Forever 21 could close multiple Hudson Valley locations. Ones that were listed in court documents are Middletown, Central Valley, White Plains, and Yorktown Heights. It does not look like the Poughkeepsie location will close.
The initial plans for bankruptcy were reported on September 4, 2019. Forever 21 is one of the biggest American shopping mall tenants, according to our earlier report. Sales for the company had dropped by an estimated 20%-25%. Sales are estimated as they are not a public company and do not share financial records.
Listen to Afternoons With Taylor weekdays from 2PM to 7PM through your Now 97.7 app. Connect with Now 97.7 on Facebook, Instagram and Twitter.
- Where in the Hudson Valley Should 'A Quiet Place 2' Be Filmed?
- What Is A 'Garbage Plate' And Why Doesn't The Hudson Valley Have Them?
- Hudson Valley Schools Dominate As Best in New York
- The 10 Dumbest Laws in NY
- Ulster County Chocolatier Makes The World's Best Chocolate