Forever 21 Inc.’s bankruptcy spells out further retail real estate evolution as uses from housing and hotels to medical marijuana grow houses could replace shuttered stores, brokers said.

The Los Angeles-based clothing and accessories retailer filed for Chapter 11 reorganization Sunday in Delaware with the growth of e-commerce especially among its targeted young shoppers. Forever 21 grew in popularity as a fast fashion store offering trendy apparel at bargain prices.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]