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WPG - Forever 21 Bankruptcy: Simon Tanger Washington Prime Macerich And What You Need To Know
Washington Prime Group Inc.
Forever 21 recently filed for Chapter 11 bankruptcy. According to CNBC, recent court filings detailed which stores they are considering closing. Does your mall REIT have any stores on the list? I detail the numbers for many popular mall REIT names, draw conclusions from the results, and explain what to expect next.
This Is Why We Buy Best Of Breed
Forever 21 entered Chapter 11 proceedings at the end of September, which meant that while they weren’t trying to liquidate the company, they were highly motivated to close underperforming stores and renegotiate leases. This company