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(CNN) -- Teen clothing retailer Forever 21 is preparing for a potential bankruptcy filing, according to several published reports.Forever 21, which is privately held, has more than 800 stores in 57 countries. And while many retailers have been paring back their network of stores in recent years, Forever 21 was adding stores as recently as 2016. It still has as many stores as it reported at that time.The ability to get out of leases and close stores at a lower cost is one of the advantages that the bankruptcy process affords to retailers.The company did not respond to requests for comment.Traditional brick-and-mortar retailers that specialize in selling clothes to teens and young adults have had a particularly hard time in recent years as younger buyers shift from mall visits to online purchases.Among the retailers in the segment that filed for bankruptcy and closed all their stores during the last five years are Wet Seal, American Apparel and Delia's. Aeropostale also filed for bankruptcy in 2016 but has kept some of its stores open.Many retailers have run into trouble due to being purchased by private equity firms or hedge funds. But Forever 21 is still owned by its founders, Do Won and Jin Sook Chang. A husband and wife team, the Changs immigrated from South Korea in 1981 and started the chain three years later with a single 900 square-foot store in Los Angeles and only ,000 in savings.Forbes lists the couple as having a net worth of .5 billion, and the privately-held company itself as having annual sales of .4 billion and 30,000 employees.Bloomberg reported in June that some members of Forever 21 management had asked some of its landlords to take a stake in the company as a way of coming up with funds it needs.Mall owner Simon Property Group, for which Forever 21 is a major tenant, took a stake in Aeropostale during its bankruptcy process. In July Simon Property CEO David Simon told investors it was open to working with other tenants facing trouble, without mentioning any by name."We'll work together on other distressed situations, and let's face it, there are some out there," Simon said. "But we're only going to buy into companies that, we think, have brands and that the volume that is worth doing it."But Bloomberg reported Thursday that Do Won Chang has been trying to maintain control of the company in any restructuring, and that his desire to do so has limited the company's ability to find funds it needs. 2469

(KGTV) — A travel warning for Americans traveling to Mexico was issued Wednesday, ahead of the expected annual Spring Break travel rush.The alert, issued by the U.S. Embassy & Consulates in Mexico, warned U.S. citizens of a list possible dangers, including unregulated alcohol, sexual assault, medical emergencies, and breaking the law in Mexico."Each year, thousands of U.S. citizens visit Mexico during Spring Break. While the vast majority of travelers have safe and enjoyable trips, Spring Break travel can sometimes include unforeseen problems," the alert read.The alert recommended travelers check their health plans for coverage overseas or in Mexico, practice safe behavior when swimming at local beaches, drink responsibly and watch drinks at all times, stick close to friends, be aware when traveling around the country, and protect personal possessions.Anyone who needs assistance is encouraged to contact the nearest U.S. Embassy or Consulate. 968

(KGTV) — As a part of the Urban Forestry Program Five Year Plan, the City of San Diego is offering a “Free Tree” program for San Diegans.The "Free Tree" program is an attempt to help beautify communities and increase the quality of life and health for San Diego residents.According to the City of San Diego, "All you have to do is identify a space in the public right-of-way that could benefit from a new tree and request a tree either by email?or phone at 619-527-7500." 479

(KGTV) - Did a tv newscast claim coronavirus has been found in toilet paper?No!An image being sent around social media appears to be a screen grab from tv news claiming Covid-19 has been found in toilet paper.But the meme was created using the "Build Your Own News" website. It was made to poke fun at the stocking up on toilet paper happening across the country.Although most people took the meme for a joke, some apparently mistook the fake screen shot for real news and panicked. 491

(KGTV) -- A North San Diego County couple said they were promised plane tickets for an extremely low price, but when they paid up, they were left with nothing. Robert, who declined to use his last name, loves to travel with his fiancé. In October, he said they got an invitation in the mail to listen to a timeshare presentation.“If you [go], you’re offered one of several gifts—a cruise, a TV, an iPad, and so forth,” Robert said.They decided to check it out, although they knew they just wanted the gift. He said after the presentation, the couple declined the timeshare, but they were entered into a raffle in which they received the cruise with two airline tickets.Robert was only interested in the plane tickets, so they filled out the required paperwork and paid the fee attached to the prize. “It’ll charge you for the both of you, for both of your tickets,” he said.PDF: Read correspondence between Team 10 and My Ultimate Getaway Robert mailed the money with the forms and waited. Instead of receiving tickets, Robert said he instead got more paperwork to enter another program. “You have to sign up [on] a website and then you have to pay to get discounted tickets,” Robert said. “We’re like, what’s going on? These are not free tickets.”The return address on the envelope he received came from “My Ultimate Getaway.” According to the pamphlet, it said: “In order to keep your promotional vacation reserved for a full year, you must register and submit your vacation request for online.” It also asked for a “booking fee of .95.”Robert told Team 10 there was no mention of signing up for a program to get these plane tickets and said “100 percent” they were told it was free.The couple felt misled. They complained to the Better Business Bureau out of Virginia where My Ultimate Getaway has a listed address. Team 10 spoke to another woman from Kansas who said she also gave money with the promise of plane tickets.“We wrote the check for to this Getaway place September the 14th,” said Kathy, who did not want to use her last name. Instead of plane tickets, she “finally got something in the mail. They wanted more money.” BBB records show the man behind My Ultimate Getaway and another similar business called Hot Promotional Vacations out of Maryland is Charles Colvin, also known as Charles Colvin Lemley. A search of state records found Charles Lemley listed as president of My Ultimate Getaway and owner of Hot Promotional Vacations. Robert said he emailed Colvin and showed Team 10 an email where he responded “he would be refunded as soon as possible.” That was mid-January. “We’ve been patient,” Robert said. When Team 10 questioned Colvin regarding My Ultimate Getaway, he responded via email: “We provide gift incentives to companies to market their products or services, nothing more.” He blamed the companies for giving “a false impression that these gifts are free.”When pressed on who the companies are and why he is doing business with them if they are giving a “false impression” to customers, he did not answer that question.Colvin told Team 10 in an email on February 20th that he processed the refund and the couple would “receive it in a couple of days.” After Team 10 got involved, Robert said they received their refund Feb. 26. Robert regrets opening that first piece of mail and hopes to stop others from making his mistake. “If you promise something, please give the customer what they want,” he said. “They get nothing in return except headaches.”The Better Business Bureau suggests when dealing with vacation or travel: Be wary of “great deals” and low- priced offers. Be suspicious of companies that require you to wait at least 60 days before taking your trip. Ask detailed questions. Get all information in writing before you agree to buy. Don’t give your credit card number or bank information over the phone unless you have confidence in the company you are dealing with. Don’t send money by messenger or overnight mail. Check out a company with the Better Business Bureau before you buy. Don’t be pressured into buying. If in doubt, say “NO.” 4107