These Big Companies Run The Risk Of Bankruptcy This Year

Published on 07/15/2019
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Forever 21

For as long as we can remember, teens and young adults have been fawning over Forever 21, but they might be disappointed to hear that as many as 178 locations of the affordable clothing store will be closing by the end of 2019. Recently, the company filed for bankruptcy which caused some of their loyal customers to get worried, but they reassured everyone that they’re doing what they can to be set up for success in the future. Despite their clothing being cheap and trendy, they’re known for not being the highest quality.

Forever 21

Forever 21

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GameStop

Just as online shopping has become more and more popular for clothing and food these days, the same is happening for video games. Recently, people aren’t taking the time to physically go into a video game store to buy something. Rather, they can just purchase it online and download it. GameStop has over 5,700 locations in 14 countries, but in 2019, they will be closing as many as 200 of those locations as a result of the company’s 14.3% drop in sales this year.

GameStop

GameStop

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