Aeropostale Closing 75 Stores During Holiday Season
Aeropostale is picking up its pace of store closings, just in time for the holiday shopping season. The troubled clothing retailer announced late Wednesday that it plans to close 75 of its stores in its fiscal fourth quarter, which runs from November through January. Even stores slated for January closings are likely to go through store closing sales with limited inventories rather than the typical holiday promotions before Christmas. The company didn't say how many jobs would be lost with this next round of closings.