FOREVER 21 AND XXI STORES EXPAND AT TAUBMAN CENTERS
Taubman Centers, Inc. (NYSE: TCO) announced today the launch of major expansions of the trendy and budget-friendly Forever 21 and XXI stores at five of the company’s U.S. shopping centers.
“These stores are favorites among our shoppers, and we’re excited to be such successful locations for them that they’ve chosen to expand at five centers,” said Karen Mac Donald, spokesperson for Taubman Centers.
Forever 21 and XXI Forever stores will build new, larger spaces at Beverly Center in Los Angeles, CA; Sunvalley Shopping Center in Concord, CA; Dolphin Mall in Miami, FL; Great Lakes Crossing in Auburn Hills, MI. and Twelve Oaks Mall in Novi, MI. Offerings of affiliated stores For Love 21 and Heritage 1981 will in some cases be incorporated into the new stores, which will feature an expanded array of fashion-forward women’s and men’s clothing and accessories at value prices. Construction of the new stores begins soon, with scheduled openings from July of this year through early 2011.
Forever 21 Executive Vice President Larry Meyer shares in this excitement and says, “We are very pleased to open 5 new fashion stores in strong Taubman malls so that we can offer more merchandise categories having the fashion and affordability that is Forever 21. We are also pleased to be adding new jobs during this challenging economic time.”
ABOUT FOREVER 21
Forever 21, Inc., headquartered in Los Angeles, California, is a fashion retailer of women’s, men’s and kids clothing and accessories and is known for offering the hottest, most current fashion trends at a great value to consumers. This model operates by keeping the store exciting with new merchandise brought in daily. Founded in 1984, Forever 21 operates more than 730 stores in 48 countries with retailers in the United States, Australia, Brazil, Canada, China, France, Germany, Hong Kong, India, Israel, Japan, Korea, Latin America, Mexico, Philippines and United Kingdom. For more information please visit: www.newsroom.forever21.com