Cherry Hill Mall Could Lose Forever 21
According to CNBC, Forever 21 "released a list of the nearly 180 locations it could potentially close as part of its bankruptcy proceedings." Of those 180, six are located in New Jersey. In addition to Cherry Hill Mall, the following stores were included on the closure list:
Deptford Mall, Deptford, NJ;
Hamilton Mall, Mays Landing;
Hanover Commons, East Hanover;
Short Hills Mall, Short Hills;
Brunswick Square, East Brunswick.
CNBC listed 5 Pennsylvania locations that were likely to close, including Chestnut Street in Philly, WIllow Grove Park, and Plymouth Meeting.
Other area locations, like Quakerbridge Mall and Oxford Valley Mall, were not on the list.
According to CNBC, Forever 21 will try to renegotiate deals with owners of some of the properties on the list. If deals are reached, those stores would remain open.