September 22, 2008
Five New Forever 21 Stores For Simon Malls
By Matthew L. Brown
Young women's clothing store Forever 21 opened the doors of a new store in the Auburn Mall Saturday and has plans to open stores in four more Massachsuetts malls in the next year.
The retailer is moving into a total of five malls owned and managed by the Indianapolis-based Simon Property Group Inc. In addition to the Auburn Mall, Forever 21 plans to open in the Arsenal Mall in Watertown in December, the Northshore Mall in Peabody in March, the Cape Cod Mall in Hyannis in June and the Burlington Mall in October 2009.
Simon owns or partially owns 383 malls, outlet malls and "lifestyle centers" in the United States, Europe and Asia.
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