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You can officially start looking for the yellow ‘going out of business’ (GOB) signs at nine American Apparel locations across the country, according to the Wall Street Journal.
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American Apparel ruled the ’90s with its hip and edgy take on basics like T-shirts, hoodies and denim. But the ‘Made in the USA’ manufacturer couldn’t emerge from a February bankruptcy filing.
Now a judge has cleared the way for the beleaguered retailer to start the GOB sales.
The Atlanta Business Chronicle reports locations in the following cities will be impacted:
Unfortunately, this just the tip of the iceberg for American Apparel’s woes. After those stores close, next up is a January 12 auction of its remaining 110 U.S. stores. Any that aren’t sold at the time will be closed as well.
In addition, American Apparel has moved to put 13 of its outlets in the United Kingdom into the equivalent of chapter 11 bankruptcy protection.
Of course, the flip side of all this is that store closures mean deals for you!
Read more: Kroger warns shoppers of fake $60 off coupon
This post was last modified on March 22, 2017 4:38 pm
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