Forever 21 is 'paying a big price' for its retail mistakes via YahooFinance
If the fashion retailer files, it will join the ranks of other retailers from Sears to Toys ‘R’ Us that have experienced a similar fate.
“Let's face it, retail is especially dynamic right now,” he added. “You have to be willing to take some risks.” These include companies like Ulta Beauty , Dollar Tree and 7-Eleven, which are seeing healthy expansion. And so it becomes “a matter of how much space do you allocate for those walk in customers, or those customers who still prefer to shop in brick-and-mortar versus those shoppers who prefer to buy online,” he added.
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