TSL Express Daily News
The Secured Lender

SFNet's Women in Secured Finance Issue
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March 31, 2025
Source: PR Newswire
NORTHBROOK, Ill., March 27, 2025 /PRNewswire/ -- Going-Out-of-Business sales are in progress at Forever 21, a leading fashion retailer of women's, men's, and children's apparel and accessories, following the US operating company F21 OpCo's recent bankruptcy filing. The liquidation sales are happening both in-store, at Forever 21's US locations, and online. Hilco Consumer-Retail is managing these sales in a joint venture with Gordon Brothers and SB360.
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 90s and 2000's. Recent competition from online fast fashion companies like Shein and Temu put Forever 21 under immense pressure, ultimately resulting in the company's bankruptcy filing in the US.
Customers will find exceptional discounts on merchandise across all categories, including clothing and accessories for women, men, and kids. All inventory is significantly discounted, offering savings of up to 60% off the lowest marked prices.
"Stores are fully stocked, and fresh inventory is continuously being added at incredible discounts," said Ian Fredericks, CEO of Hilco Consumer-Retail. "Customers should shop early for the best selection—once items are sold out, they're gone!"
Going-Out-of-Business Sale Details:
- Discounts: Up to 60% off lowest ticketed prices
- All Sales Final: For purchases made on or after February 24, 2025
- Returns: Accepted for valid returns made prior to final sale designation
- Gift Cards: Accepted through April 15, 2025
- Store Fixtures and Equipment: Available for purchase
- Store Locator: click here
About F21 OpCo
F21 OpCo, LLC is the operator of Forever 21 stores and licensee of the Forever 21 brand in the United States. For more information, including online shopping and a list of stores, visit forever21.com.
About Hilco Consumer – Retail
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. Operating on 4 continents, Hilco Consumer – Retail's services fall into several principal categories including 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), Restore for Retail, a SaaS-based virtual store management platform that works on both Apple and Android devices (www.restoreforretail.com), and an innovative sale locater website called Shop Genius (www.shopgenius.com). Hilco Consumer – Retail is part of Northbrook, Illinois based Hilco Global (www.hilcoglobal.com), the world's leading authority on maximizing the value of business assets by delivering valuation, monetization, advisory, and capital solutions to an international marketplace. Hilco Global operates more than twenty specialized business units offering services that include asset valuation and appraisal, retail and industrial inventory acquisition and disposition, real estate and strategic capital equity investments.
About Gordon Brothers
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. Our solutions-oriented approach across asset services, lending, financing and trading gives clients the insights, strategies and time to optimize asset values throughout the business cycle. We work across the full spectrum of assets globally with deep expertise in retail, commercial, industrial, brands and real estate. We are headquartered in Boston with over 30 offices across North America, Europe, the Middle East and Africa, and Asia Pacific.
About SB360
SB360 Capital Partners (www.sb360.com), a Schottenstein Affiliate, is one of North America's leading asset realization and merchant banking firms. The firm invests equity capital to support growth opportunities, fund business turnarounds, and provide liquidity to businesses navigating change. SB360 encompasses business groups involved in advisory services, asset disposition, luxury diamond and jewelry assets, new store sets, and commercial real estate advisory and investment. The firm's lending arm, Second Avenue Capital Partners, provides asset-based loans for middle-market companies. SB360's principals hold extensive financial interests in internationally recognized retail and wholesale companies, consumer brands, financial service operations, and commercial, residential and industrial real estate properties.
