Abercrombie & Fitch’s recently announced store closures may be a harbinger of things to come for other retailers, a potential concern for commercial mortgage backed securities, according to Fitch Ratings.

Other retailers, like Best Buy, Sears, J.C. Penney, Office Depot, and Barnes & Noble, have also announced store closures. Fitch said JC Penney, in particular, is of some concern for Fitch-rated CMBS, a sizeable percentage of which contain JC Penney as part of the collateral makeup.

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