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Subway cut hundreds of jobs at its corporate headquarters.

The Drive-Thru: Macy’s layoffs and store closures, South Korean Costco, and coronavirus hits delivery

Macy's closes stores, and the coronavirus hits more retailers in China. Read what happened this week in retail in The Drive-Thru.
Forever 21 founders Jin Sook and Do Won Chang.

The husband and wife duo behind Forever 21 have reportedly reached a deal to sell the fast fashion retailer, after having lost nearly $4 billion from ...

At Forever 21's peak in 2015, Jin Sook and Do Won Chang had a combined net worth of $5.9 billion, according to Forbes.
The fast-fashion retailer is reportedly eyeing bankruptcy.

Forever 21 is selling to a group of buyers for $81 million. Here’s how it went from a fast-fashion powerhouse to bankruptcy and a troublesome fu...

Forever 21 plans to sell its business to a group of buyers after its September bankruptcy filing. We traced the teen retailer's rocky history.
Retailers are closing thousands of stores in 2020.

More than 2,200 stores are closing in 2020 as the retail apocalypse drags on. Here’s the full list.

Pier 1, Sears, Papyrus, Forever 21, A.C. Moore, and Express are among the retailers that are planning to close stores this year.
The American Dream mall is one of the largest malls in the US.

American Dream says nearly 90% of the megamall has been leased but only 31 of the 350 stores have been announced so far

The stores are slated to open March 2020 and will include Forever 21, H&M, Saks Fifth Avenue, Hermes, Zara, Sephora , Uniqlo, and Foot Locker.
Dozens of retailers have filed for bankruptcy over the last decade, and some have liquidated all their stores.

Blockbuster, Borders, Sports Authority, and more: The biggest retail bankruptcies of the past decade

Many of these bankruptcies resulted in mass store closings that have helped send hundreds of shopping malls into years-long downward spirals.
Juul cofounders Adam Bowen and James Monsees had short-lived tenures as billionaires.

15 people who became billionaires in 2019 — and 14 who lost their status in the three-comma club

Adam Bowen and James Monsees, the cofounders of Juul, had particularly short-lived tenures as billionaires.

Forever 21 could close 111 underperforming stores in the US. Here’s the full list of locations at risk.

Forever 21 is expected to close 111 locations in the US. Here's a list of the possible store closings.
The American Dream mall is one of the largest malls in the US.

Only 31 out of the planned 350 stores have been confirmed to open in the American Dream megamall next year — here’s the full list

The stores are slated to open March 2020 and will include Forever 21, H&M, Saks Fifth Avenue, Hermes, Zara, Sephora , Uniqlo, and Foot Locker.
At the time of this post, Forever 21 is selling a shirt that reads "Don't call me angel."

Forever 21 is selling a shirt printed with the name of an Ariana Grande song 2 months after she filed a lawsuit against the brand

The sweatshirt reads "Don't call me angel," and could have been inspired by Ariana Grande's hit song of the same name.