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 retail landscape across Texas has been a bit bumpy over the past few months but one major retailer has announced plans to open 150 stores by year's end.

A major retailer has confirmed plans to open some 150 stores this year. Where in Louisiana might a new store be located?

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

We reported last month that a store in the Acadiana Mall in Lafayette would be closing soon and we now know when that date will be.

In this week's edition of "As the Lafayette Business World Turns," two more well-known establishments will be closing soon.

Last week rumors circulated that Forever 21 in the Acadiana Mall had closed down.

Half of the company's Louisiana locations are scheduled to close including locations in Lafayette and Lake Charles.

Forever 21 Inc. applied for bankruptcy as part of a Chapter 11 filing.