Here’s why the Forever 21 bankruptcy could be really bad news for US mall owners

A Forever 21 bankruptcy was not on U.S. mall owners’ wish lists ahead of this holiday season. The teen apparel retailer on Sunday night announced it was filing for Chapter 11 bankruptcy, planning to close nearly 200 locations in the U.S. Forever 21 has 815 stores globally, and expects to exit most of its locations in Asia and Europe.

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