50 Companies At Risk Of Bankruptcy In 2020

Published on 05/01/2019
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Forever 21

Teens and young adults have been fawning over Forever 21 for as long as anyone who ever shopped at Forever 21 can remember, but they may be disappointed to hear that up to 178 locations of the cheap clothing store will be shutting down by the end of 2019. The company recently filed for bankruptcy, which caused some of their loyal customers to become worried, but they reassured everyone that they’re doing what they can to be set up for a successful future. Though the clothing is cheap and trendy, it’s also not known for being of the highest quality and not lasting such a long time, which is also turning more environmentally-conscious customers away nowadays.

Forever 21

Forever 21

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GameStop

Just as shopping for physical goods has become more of an online thing these days, so has shopping for video games. Lately, people are not taking time out of their day to physically go into a video game store to buy something, but rather they will just download it online. Gamestop has over 5,700 locations throughout 14 countries, but in 2019 alone they will close 200 of those locations due to their 14.3 percent drop in sales this year.

GameStop

GameStop

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