Fast fashion retailer Forever 21 filed for bankruptcy for the second time in six years and is closing many of it’s US stores.
The company says that competition from other fast-fashion brands, increasing costs, e-commerce competition and tough economic times are to blame.
RCS Real Estate Advisors was recently retained by Forever 21 to market and sell its lease portfolio in the U.S.
A few stats:
400 locations* listed in the DMM / ShoppingCenters.com dataset.
*counts exclude free-standing or urban locations not covered by the DMM dataset
The majority of the stores (300+) are located inthese types of centers:
- Regional
- Super Regional
26% are in the Western region of the U.S.
Top 5 Landlords making up 50% (~200 locations) :
– Simon Property Group, Inc.
– Brookfield Properties Retail Group
– Premium Outlets (Simon)
– Macerich
– CBL Properties
Next 50+ locations include these landlords:
– Unibail-Rodamco-Westfield
– Tanger
– Spinoso Real Estate Group
– Pacific Retail Capital Partners
– The Taubman Company
For more specifics on these properties, co-tenants, property owners and more, visit ShoppingCenters.com and select the ShoppingCenters.com access level that’s right for you.
Note: The counts mentioned above are as of March 20, 2025, and may change over time.
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