Coastal Grand Mall Group Files For Bankruptcy

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David Hucks
David Hucks
David Hucks is a 12th generation descendant of the area we now call Myrtle Beach, S.C. David attended Coastal Carolina University and like most of his family, has never left the area. David is the lead journalist at

Just in time for holiday shopping, the City of Myrtle Beach’s Coastal Grand Mall is filing for bankruptcy.

In our recent report, we listed the top five pandemic business failures this week. Retail was number 5.

CBL Properties announced the company filed for Chapter 11 bankruptcy protection in Texas. CBL properties manages Coastal Grand Mall.

According to federal courts, companies filing for Chapter 11 typically propose a plan to reorganize and keep business going while paying creditors over time.

The news of mall failures continues across America.

Tourism related retail failures are expected to accelerate through March 2021.

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