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Anonymous
Created On
26 Feb 2021 22:07:39 UTC
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Retail Apocalypse 2019! Forever 21 Files For Bankruptcy In Crushing Blow To Mall Landlords
The retail apocalypse in 2019 is now having a heavy impact on mall landlords. The problem is forever 21 has a lot of square footage that is going to be very hard to fill. The commercial real estate market is still saturated with empty toys r us stores. the details of forever 21's bankruptcy are still not finalized as far as number of stores that will be closed. We do know where the company will not be closing stores and that is outside of the US that leaves one place left. The current consensus is 350 store closures and as many as 15,000 - 30,000 job cuts.<br />...<br /><a href="https://www.youtube.com/watch?v=A-IHoXJZWYY" target="_blank" rel="nofollow">https://www.youtube.com/watch?v=A-IHoXJZWYY</a>
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video/mp4
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English
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