Utilize the input text as a context reference, choose the right relationship between Forever 21 and retail from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

The only I’d add Nick is that, the retail Joe referenced in terms of bad debt reserves and it’s got the impact of the Forever 21 bankruptcy.

Answer: industry