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New York Times

Anything the fast-fashion retailer lacked in cool or quality it made up for with the thrill of the hunt for the right thing — or something close enough. [...]

The company, which helped popularize fast fashion in the United States, has struggled to compete with online retailers. It is the company’s second bankruptcy filing in six years. [...]

People who find themselves in financial trouble sometimes consider taking drastic measures when their situation appears hopeless. But there is always a way out. [...]

The company and its assets will be sold after it filed for bankruptcy in Sweden, sinking Europe’s best hope for competing against Asian rivals. [...]

The victims pulled money out of their retirement accounts. The withdrawals had inflated their taxable income, even though the funds quickly disappeared. [...]