forever 21

Forever 21 claims on social media the chain will be sticking around in some form following reports that it would close all U.S. stores.

The chain had reportedly been seeing increased competition from fast-fashion outlets.

This popular clothing store is closing all of its Michigan locations.

Another major mall giant is going under and if you are young, hip and frugal this one's gonna hurt.

The company has apologized, saying that there was nothing malicious intended.