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