FOXNEWS Shepard Smith Reporting September 30, 2019 19:47:00
Going to be closing stores and it shows the change of the retail landscape. the reason forever 21 is closing is because they have expanded so quickly and have a presence in malls. they've seen deteriorating foot traffic in malls but they have bankruptcies across the board. even barney's filed for bankruptcy in 2019. so the retail landscape is changing, consumer preferences are changing. but forever 21 is saying, don't worry. they are still in business, you can still use the gift cards and they will still keep stores open in the united states. >> shepard: it's a whole new day here at the fox me...
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