Aeropostale closing 100 stores; liquidation sales begin this weekend

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Aeropostale closing 100 stores; liquidation sales begin this weekend
Image Credit: Mike Mozart/Flickr
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Yet another retailer is being put through the ringer as Aéropostale announced today that it is seeking restructuring under Chapter 11 bankruptcy and gearing up to close more than 100 U.S. stores.

Read more: 12 of the best and worst outlet stores

Markdowns start at these Aéropostale locations this weekend!

In an increasingly challenging retail environment, Aéropostale is the latest store to face some hard times. The company has announced the closure of 113 U.S. locations and 41 stores in Canada. Aéropostale has roughly 800 stores in total.

 

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Youngstown OH Southern Park Mall
Norman OK Sooner Fashion Mall
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Chambersburg PA Chambersburg Mall
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Bellevue WA Bellevue Square
Wausau WI Wausau Center
Bluefield WV Mercer Mall
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Chesapeake VA Chesapeake Square
Christiansburg VA New River Valley

Liquidation sales are expected to begin this weekend at soon-to-be shuttered locations in the U.S., while Canadian consumers will have to wait until Monday, May 9 for their chance at deals.

‘The most important thing to know is that Aéropostale stores are open, and we fully intend to continue selling the latest styles at the same great prices both in stores and online,’ CEO Julian R. Geiger wrote in a note posted on the company’s website. ‘We also expect to honor all gift cards in full, offer new store promotions, continue employee wages and benefits without interruption, uphold the terms of our international licensee agreements and pay suppliers.’

Read more: These are the 5 best bargains in May!

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Theo Thimou About the author:
Theo has co-written several books with Clark Howard, including the New York Times #1 bestseller Living Large in Lean Times. As a single widowed parent of two young children, he strives to bring unique savings tips to men and women like him who must face life without their spouses. He can be reached at [email protected]
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