Retail giant Forever 21 has filed for bankruptcy for the second time in six years, according to reports from Axios and Fox Business. The move highlights the “de minimis” impact on its operations. Forbes delves into the retail lessons behind Forever 21’s bankruptcy, while Business Wire confirms that F21 OpCo, LLC has initiated a voluntary Chapter 11 process with the support of its lenders. KTLA Los Angeles reports that the iconic clothing store chain plans to close all its U.S. locations. — news from Axios