YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Report: Forever 21 eyes bankruptcy

Posted online

Forever 21 is considering filing for bankruptcy, people familiar with the matter told Bloomberg.

The anonymous sources indicated negotiations to restructure the retailer's debt have stalled with possible lenders.

Forever 21, according to the report, is the sixth-largest nondepartment store tenant of Simon Property Group. The latter company operates Battlefield Mall, which has a Forever 21 store.

Read more from Bloomberg.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: Iron Knights Strafford

A Springfield couple launched 24-hour fitness center Iron Knights Strafford; Springfield-based Meridian Title Co. LLC made its debut in Mount Vernon; and a ribbon-cutting ceremony was held in conjunction with the grand opening of Render Flooring LLC.

Most Read
SBJ.net Poll
Who won the Sept. 10 presidential debate?

*

View results

Update cookies preferences