350+ Forever 21 U.S. Stores Close, No Longer Accepting Gift Cards

Key Details for Shoppers Gift Cards & Returns: All Forever 21 gift cards and store credits expired after April 15. The company ceased accepting returns, exchanges, and issuing new gift cards on April 14. Final Sales: All purchases—online and in-store—are now final.

Liquidation discounts of 30–50% are ongoing at remaining locations. Store Closures: Locations in Connecticut, California, Pennsylvania, Idaho, and North Dakota have already closed. A full list of closures is available via the store locator.

Bankruptcy and Market Pressures Forever 21’s parent company, F21 OpCo, filed for Chapter 11 protection in March 2025, citing: Foreign Competition: Shein and Temu’s tariff-free advantages under the de minimis exemption (goods under $800 incur no duties).

Rising Costs: Inflation, supply chain disruptions, and shifting consumer trends toward sustainable fashion. Financial Strain: The retailer previously filed for bankruptcy in 2019 and was acquired by Authentic Brands Group, Simon Property Group, and Brookfield Asset Management…