Whether it was market conditions or the behavior of their lenders that drove Aeropostale into bankruptcy, the teen-oriented clothing retailer has difficult decisions to make about which stores to keep and which to close. They’ve already decided on a preliminary closing list. [More]
aeropostale bankruptcy watch
Report: Aéropostale Will File For Bankruptcy Protection This Week
By 5.2.16
The Aeropostale Bankruptcy Watch may be over. After initial reports two weeks ago that the company was considering a filing in the coming month, now experts speculate that the troubled teen retailer could file later this week. Timing is key: with 800 stores, the company would need to file before its rent for May is due. [More]
Aeropostale Delisted For “Abnormally Low” Trading Price After Possible Bankruptcy Report
By 4.22.16
Just a day after in-the-know sources revealed that teen-clothing retailer Aeropostale was headed for bankruptcy, the company was delisted from the New York Stock Exchange. [More]
Report: Teen Retailer Aeropostale Prepping Bankruptcy Filing
By 4.21.16
The past few years haven’t exactly treated teen retailers well: DEB, Wet Seal, and dELiA*s (although it came back as an online-only store) are just a few of the brands that have filed for bankruptcy. Another once-popular teen-focused retailer is joining that list as Aeropostale is said to be prepping its own bankruptcy filing. [More]
