Aeropostale, Inc., a specialty retailer of casual
apparel and accessories targeted at
teen consumers, has announced that they file for Chapter 11 bankruptcy and will be closing 113
stores in the United States and another 41
stores in Canada.
Aéropostale's news developed just as Abercrombie & Fitch, another
teen apparel retailer, reported that its second quarter same -
store sales dropped by 7.0 percent.