Native Realty CEO Jaime Sturgis Discusses Forever 21’s Future with the Miami Herald

Herald reporter Rebecca San Juan turned to Sturgis for expertise on Forever 21’s Chapter 11 filing and what it means for the retailer’s South Florida locations. The retailer hopes to maintain its eight stores in the region after reorganizing.

Forever 21 will close a third of its locations but none is in South Florida. Here’s why.

Jaime Sturgis says the immediate decision not to vacate Forever 21’s South Florida stores “made sense”

“They have a strong customer base here. Their demographics — women from ages 18 to 24 with disposable income — are strong in the urban core.”

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