Last month, signs in Aeropostale stores blared, “EVERYTHING MUST GO!” The stores sold off their inventory, then closed up. Then something surprising happened: more than two-thirds of those stores opened back up under new ownership. [More]
aeropostale
Six Major Retailers Agree To End On-Call Scheduling Amid Multi-State Probe
Aeropostale, PacSun, and Walt Disney Co. are among six major retailers who have announced they will stop using on-call scheduling in their U.S. stores. [More]
Here’s Why Mall Owners Stepped In To Save Aeropostale
The winners of the bankruptcy auction for teen clothing retailer Aeropostale weren’t a competing clothing chain or another retailer hoping to get into the teen clothing biz: it was a joint venture by mall landlords, who apparently didn’t want to face another hole in their shopping centers left by a bankrupt retailer. [More]
Aeropostale Increases Number Of Stores That Will Stay Open To 400
Earlier this week, a bankruptcy judge approved a $243 million bid from a group of mall landlords, liquidators, and a licensing company that would save 229 of Aeropostale’s 720 stores from closing their doors forever. Things are looking even better than expected now for the teen retailer, as its new owners say they’ll be able to keep open 171 more stores than originally planned. [More]
Bankruptcy Judge Approves Sale Of Aeropostale That Could Keep 229 Stores Open
It looks like the bid Aeropostale received at the end of August that could end up saving at least 229 stores and 7,000 or so jobs is one step closer to the real thing for the struggling teen retailer, after a bankruptcy judge gave the offer his approval. [More]
Aeropostale Receives A Bid That Would Keep At Least 229 Stores Open
Aeropostale, a teen-focused clothing retailer, filed for bankruptcy earlier this year, and since then its continuing existence has been in question. Its business assets are up for auction this week, and the retailer reports that a bid has come in that would keep the doors open and the jeans flowing onto store shelves. [More]
Bankrupt Aeropostale In Talks To Sell Company & Keep Brand Alive
After announcing last month that its planned reorganization under bankruptcy just wasn’t going to cut it, teen retailer Aeropostale began prepping to auction off its assets. Now, the company appears to be nearing a deal with a private equity firm. [More]
Bankrupt Aeropostale Preparing To Sell Off Its Assets At Auction Next Month
After taking a few weeks to weigh its options, Aeropostale says it won’t be able to manage a reorganization under bankruptcy, and instead is getting ready to auction off all its assets in the coming weeks. It’s also taking fire at the lender it claims pushed it into bankruptcy in the first place. [More]
Abercrombie & Fitch’s Hollister Poised To Profit From Bankruptcy Of Fellow Teen Retailers
While teen retailers like Aéropostale and PacSun are going down in flames, their rivals are hunched on the sidelines, waiting to pick their bankrupted bones clean. There’s still money to be made catering to teenagers, after all, and analysts say Abercrombie & Fitch could be the one making it. [More]
Here’s The List Of Aeropostale Stores That Are Closing
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 Accuses Lender Of Purposely Squeezing It Into Bankruptcy
Soon after former mall staple Aeropostale filed for bankruptcy on Wednesday, it turned around and threw darts at one of its lenders, which it accused of working behind the scenes to force the company’s hand. [More]
Aeropostale Finally Files For Bankruptcy As Predicted, Will Close 113 U.S. Stores
Aeropostale Bankruptcy Watch is officially over, because, well, the teen apparel chain went ahead and did what everyone has been predicting for the last few weeks and filed for Chapter 11 bankruptcy protection. [More]
Report: Aéropostale Will File For Bankruptcy Protection This Week
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]
Report: Teen Retailer Aeropostale Prepping Bankruptcy Filing
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]
Nine States Expand Probe Into On-Call Scheduling, 15 More Retailers In The Hot Seat
With the help of seven other states and the District of Columbia, New York is expanding the probe into on-call scheduling in the retail world, sending letters to 15 more retailers asking them about their use of the practice. [More]
Male Reader Shocked To Learn That Vanity Sizing Exists
Reader Ben was shopping at Aeropostale when he noticed a guide to the chain’s new women’s sizing hanging on the wall. He snapped a picture of it and sent it to us. “I wouldn’t say this is exactly deception, I think Aeropostale has found a rather creative way to try to sell more clothes,” he writes. Whether adjusting sizes is or isn’t deceptive is a matter for fashion industry debate, but what Aeropostale is doing isn’t creative or new. [More]
The Duct Tape Shoplifters: Coming Soon To A Mall Near You?
Watch out for organized, highly trained teams of shoplifters in your local mall. They aren’t small-time operators—they stole $23,000 worth of bras and panties from a West Virginia Victoria’s Secret. No, really.