Cherry Hill Mall’s Forever 21 Will Stay Open, But Stores in Plymouth Meeting & Philadelphia Will Close
After announcing they had filed for bankruptcy protection earlier this year, we now have the final list of Forever 21 stores which will close as part of the retailer's bankruptcy proceedings.
Locally, we have learned that the Plymouth Meeting store will be closing. Additionally, the chain's store at 1708 Chestnut Street in Philadelphia will be closing as well, USA Today was the first to report.
Earlier in October, we were worried that the Cherry Hill Mall store would be on the list of closings as CNBC reported that the store was on the list of 180 stores that could close in court documents. Some stores were removed (and others were added) from that list in recent weeks, USA Today shared.
The clothing retailer is expected to shut the doors of 111 stores in total. Of course, it is possible that additional locations could be added to the list.
“This was an important and necessary step to secure the future of our company, which will enable us to reorganize our business and reposition Forever 21,” Forever 21 executive vice president Linda Chang said in a statement when the bankruptcy was announced.
In New Jersey, the Hanover Commons (in East Hanover) and the Short Hills Mall (in Short Hills) stores will close.
The dates for the closures of these stores was not immediately made clear, according to reporting from USA Today.