4 reasons why Aeropostale lost its cool with shoppers

May 4, 2016 9:05 PM

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NEW YORK — Aeropostale Inc., once a popular mall destination for teens, has filed for Chapter 11 bankruptcy protection, becoming the latest victim in the fast-changing retail landscape.

Aeropostale joins the ranks of teen retailers looking to reorganize under bankruptcy protection including Wet Seal Inc., Pacific Sunwear of California and American Apparel. And like many of these ailing merchants, Aeropostale had been struggling for several years.

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