Well, there it goes, all that space available for development. 
Buy baby! Buy commercial space!
Malls take a 48-hour beating as retailers cull over 300 stores
There’s always the need to see something, and touch something. Tesla did this, now, after showing and telling they go in hiding using the online trend.
• Pier 1 Imports (NYSE:PIR) is down 33.2% to slide back below $1.00.
• The retailer has tapped debt restructuring attorneys in order to help it with lender talks, sources tell Reuters. The company had $200M in long-term debt at the end of 2018.
This seems like an unreasonable expectation on your part.
Wow didn’t know Dressbarn still existed:
Long but really good read.
America overbuilt retail space. Re-zoning it for housing would help solve 2 problems at once.
It’s not surprising brands are going direct to consumer. Why let a retailer make a higher profit than you do on your own product? Apple was an early pioneer for the model.
With web and modern transportation, going direct is pretty cost effective.
At the company’s peak in 2015, Jin Sook and Do Won Chang had a combined net worth of $5.9 billion, according to Forbes. Their combined fortune has fallen to $1.6 billion — or $800 million each — as Forever 21 considers filing for bankruptcy after a failed attempt to restructure its debt, CNBC reports.
Still an immigrant success story! Good for them.
Goes to show a failed entrepreneur is still more successful than a “successful” 9-to-5 lifer. 