Hampered by plummeting sales and rising competition from overseas e-commerce merchants, the 41-year-old company entered bankruptcy in 2019, closing at least 21 stores in California at the time. After decades of family ownership, the retail chain was sold in 2020 to investors, who now seek a new owner for the brand.

Forever 21, a fast-fashion retailer that once took up entire storefronts in malls and shopping centers across the country, is laying off workers and closing stores, including a three Connecticut locations.

It’s been a rough few years for Forever 21. The once-beloved fast fashion retailer was purchased out of bankruptcy in 2020, only to be facing turmoil once again. According toRetail Dive, Forever 21’s parent company,