Business
Business

Aeropostale closing over 100 stores, may file for bankruptcy

(Photo by George Pimentel/Getty Images for Aeropostale)
(Photo by George Pimentel/Getty Images for Aeropostale)
By Cox Media Group National Content Desk
May 3, 2016

Teen clothing store Aeropostale is filing for Chapter 11 bankruptcy.

>> Read more trending stories

The Wall Street Journal reported Tuesday that the retailer is set to file in a few days before it has to make May rent payments, citing sources close to the discussions.

Failing sales and losses may be to blame as consumers move toward online retail. Over 100 of the company's 800 stores are set to close.

CNBC reported that the company announced in April that it would stop trading its stock on the New York Stock Exchange because it had an "abnormally low" trading price.

If Aeropostale does file for bankruptcy, it will be another company in a list of mall-based retailers to do so, including Wet Seal and Pac Sun.

About the Author

Cox Media Group National Content Desk
More Stories

Keep Reading

Long lines at the Frontier Airlines ticketing counter back up into the walkway at Hartsfield-Jackson Atlanta International Airport. Friday, November 21, 2025 (Ben Hendren for the AJC)

Credit: Ben Hendren

Live airport security wait times and today’s trends

The AJC gathers real-time wait-time data from Hartsfield-Jackson Atlanta International Airport to show what security lines look like right now.

Microsoft’s newest AI ‘superfactory’ opens at sprawling Fayetteville campus

One of the largest data center campuses under construction in Georgia has its first operational tenant, and it’s one of the most recognizable names in technology.

In the market for a luxury vehicle? You might reconsider Lincoln.

The definition of “luxury” has shifted. It’s no longer just a softer ride with more chrome and gadgets; the real battle now is over experience. Lincoln is leaning in.

The Latest

The 2025 Navigator is the flagship vehicle of the Lincoln brand. (Tyler Gourley/Lincoln/TNS)

Credit: TNS

In the market for a luxury vehicle? You might reconsider Lincoln.

Beyond the odometer: What matters most in a used car

Why your car’s safety tech needs maintenance, too

Featured

Tracy Woodard from InTown Cares (left) and Lauren Hopper from Mercy Care organization work with residents at the Copperton Street encampment in August 2024. (Miguel Martinez / AJC)

Credit: Miguel Martinez

‘Worst nightmares come true.’ Atlanta confronts shift in homelessness funding.

Trump’s overhaul threatens permanent housing for an estimated 600 Atlanta households and 170,000 people nationwide, advocates warn.

Microsoft’s newest AI ‘superfactory’ opens at sprawling Fayetteville campus

One of the largest data center campuses under construction in Georgia has its first operational tenant, and it’s one of the most recognizable names in technology.

Atlanta officials quietly rebrand city’s DEI office

The city of Atlanta office overseeing diversity, equity and inclusion is getting a rebrand amid assaults at the federal level on such initiatives.