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  • American City Business Journals25 days ago

    Aeropostale adds another 104 stores to ‘remaining open’ list; one in Triangle to close

    Aéropostale, the teen apparel retailer that filed for Chapter 11 bankruptcy in the spring, apparently wasn’t in such bad shape after all. The retailer’s new ownership group has lowered its projections for expected store closings and will instead keep 504 of its 720 North American stores open, which is 26 percent more stores than it had projected would stay open after acquiring the brand for $243 million in mid-September. Aéropostale has five stores in the Triangle that will remain open, including one each at Crabtree Valley Mall and Triangle Town Center in Raleigh, the Streets at Southpoint mall and Northgate Mall in Durham, and Carolina Premium Outlet in Smithfield.

  • TheStreet.comlast month

    What to Watch for When This Shopping Mall REIT Releases Earnings

    General Growth Properties, a high-quality, high-dividend real estate investment trust, will report results late Monday. Here is what investors should key in on.

  • TheStreet.comlast month

    Aeropostale Ghost May Haunt American Eagle, Abercrombie at Christmas

    More Aeropostale stores staying open after filing for bankruptcy could be a problem for two of its long-time rivals.