Several Aéropostale outlets in NC to remain open after bankruptcy
Posted on Thursday, November 3rd, 2016 at 7:56 am
Well-known American apparel brand Aéropostale is planning to retain hundreds more of its stores than anticipated, including some in North Carolina area, after their bankruptcy procedure, according to an article in the Triangle Business Journal.
Reports said that Aéropostale will retain their five outlets in the Triangle that have been included in the partial list of the stores they are considering to cease after filing for Chapter 11 Bankruptcy last May. The company reportedly initially have decided to retain 504 outlets nationwide under new ownership. The big portion of Aéropostale share is currently owned by Simon Property Group Inc. and General Group Properties. According to CEO and chairman of Simon Property Group, David Simon, they are planning to give another opportunity for some of the Aéropostale stores.
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