Northbrook, Ill. — Going-Out-of-Business sales are in progress at Forever 21, a leading fashion retailer, following the U.S. operating company F21 OpCo’s recent bankruptcy filing. The liquidation sales are happening both in-store and online. Hilco Consumer-Retail is managing these sales in a joint venture with Gordon Brothers and SB360.
All inventory is significantly discounted, offering savings of up to 60% off the lowest marked prices. Gift cards are accepted through April 15, 2025. Store fixtures and equipment are also available for purchase.
“Stores are fully stocked, and fresh inventory is continuously being added at incredible discounts,” says Ian Fredericks, CEO of Hilco Consumer-Retail. “Customers should shop early for the best selection — once items are sold out, they’re gone!”
Forever 21 is an iconic North American retailer that captured the hearts and minds of teenagers looking to sport the latest styles at affordable price points through the 1990s and 2000s. Recent competition from online fast fashion companies, such as Shein and Temu, put Forever 21 under immense pressure, ultimately resulting in the company’s bankruptcy filing in the U.S.
F21 OpCo, LLC is the operator of Forever 21 stores and licensee of the Forever 21 brand in the United States. For more information, visit forever21.com.
Hilco Consumer – Retail provides a wide range of analytical, advisory, asset monetization and capital investment solutions to help define and execute a retailer’s strategic initiatives. Services include acquisitions; disposition of underperforming stores; retail company or division wind downs; event sales to convert unwanted assets into working capital; facilitation of mergers and acquisitions; interim company, division or store management teams; loss prevention; and the monetization of furniture, fixtures and equipment. Additionally, Hilco Consumer – Retail owns the nation’s premier fixture and equipment liquidation firm, Hilco Fixed Asset Recovery (www.hilcoffe.com), and Restore for Retail, a SaaS-based virtual store management platform (www.restoreforretail.com). Hilco Consumer – Retail is part of Northbrook, Illinois based Hilco Global (www.hilcoglobal.com).
Since 1903, Gordon Brothers (www.Gordon Brothers.com) has maximized liquidity through realizable asset value by providing the people, expertise and capital to solve business challenges. Gordon Brothers is headquartered in Boston with over 30 offices across North America, Europe, the Middle East and Africa, and Asia Pacific.
SB360 Capital Partners (www.sb360.com), a Schottenstein Affiliate, is one of North America’s leading asset realization and merchant banking firms.
SOURCE: Hilco Consumer-Retail