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home / news releases / WPG - Misleading Headlines In The Mall Space - Things Are Actually Much Better

WPG - Misleading Headlines In The Mall Space - Things Are Actually Much Better

Washington Prime Group Inc.

A few hours ago I received breaking news alerts on my phone.

Bloomberg: "Forever 21 Prepares for Potential Bankruptcy Filing"

CNBC: "Apparel retailer Forever 21 weighs bankruptcy filing"

The list goes on.

Back in June, the WSJ reported: "Forever 21 Seeks Restructuring Advice to Avoid Bankruptcy". Even though the possibility of bankruptcy surfaced in June, the fast-fashion retailer has actually been the subject of financial speculation since 2014, if not earlier.

I started reading the breaking news articles about Forever 21 and found a common theme: malls are to blame. This is in line with

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Stock Information
Company Name: Washington Prime Group Inc.
Stock Symbol: WPG
Market: NYSE
Website: washingtonprime.com
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