Forever 21 says it can't compete with e-commerce companies that send small packages without paying tariffs via the "de ...
The main risk is the US tariff policy and the end of De Minimis that exempts purchases below US$800 for retail consumers daily. PDD is still a cheap stock at 10x PE or a PEG of 0.6x on 2025 ...
The ATA's chief economist also expects changing freight patterns in trucking if the USTR's proposed port fees on Chinese ...
FedEx CFO John Dietrich said he assumes the macroeconomic environment won't significantly improve through the first half of ...
Forever 21 is planning to close all of its U.S.-based stores as it has filed for bankrupcy for the second time, F21 OpCo, the ...
The retailer’s operating company is set to shut down all US operations, with liquidation sales already underway at more than ...
Stores in the U.S. will hold liquidation sales and the website will continue to run while operations wind down.
Forever 21 is going out of business in the US after struggling against online rivals Shein and Temu, according to ...
F21 OpCo, which runs Forever 21 stores, said that it will wind down the business in the US under Chapter 11 bankruptcy protection while determining if it can continue as a busines ...