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Aeropostale

Aeropostale
Aeropostale, Inc. (occasionally known as AERO) is an American shopping mall-based specialty retailer of casual apparel and accessories, principally targeting ages 14-to-17-year-old men and women through its Aéropostale stores although adults 18 and up wear the clothing as well and 4-to-12-year-old children through its P.S. from Aéropostale stores. Aéropostale maintains control over its proprietary brands by designing, sourcing, marketing and selling all of its own merchandise. The company operates 773 Aéropostale stores in the U.S. (spanning all 50 states and Puerto Rico) and about 61 stores in Canada. P.S. from Aéropostale operates 26 stores in 12 U.S. states. Aéropostale's licensees operate 239 Aéropostale and P.S. from Aéropostale locations in the Middle East, Asia, Europe, and Latin America. The first Aéropostale store was opened in 1987 by Macy's in the Westside Pavilion Mall in Los Angeles, CA. The company has grown from 119 stores in 1999 to the current 860.

After thirteen consecutive quarters of losses, Aéropostale filed for Chapter 11 bankruptcy on May 4, 2016, with assets of $354 million.[3] The company will close 113 of its 739 U.S. stores and all 41 (in addition to 20 already closed prior to the filing) in Canada, the majority of which were unprofitable and responsible for the company's losses. USA Today made a list of all of the US stores closing as part of its bankruptcy.