On September 29, 2019, Forever 21, Inc. and 7 affiliated debtors (collectively, the “Debtors”) each filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. The cases are pending before the Honorable.Iconic teen retailer Forever 21 said it would file for Chapter 11 bankruptcy on Sunday, as the company grapples with low sales, online competition, and changing consumer tastes. Forever 21 will continue to operate online, and in many of its physical stores across the United States and Latin America.Shoppers walk past the ‘Closing Down’ signs in the window of a Forever 21 store on Oxford Street in London. Steve Taylor/SOPA Images/LightRocket via Getty Images. Forever 21, once a staple in American malls known for its cheap and colorful clothes and accessories.