After filing for Chapter 11 bankruptcy protection in May, there is no doubt that Aéropostale’s future is on the rocks.
Although a majority of the teen retailer’s financial troubles are in court filings, its store locations provide an in-person perspective of a highly confusing scenario. From the spooky emptiness of its once-occupied Times Square location to its thriving Manhattan Mall space, Aéropostale’s uncertain bankruptcy state is highly exposed and unfiltered to consumers everywhere.
As one of the top tourist shopping areas in New York City, Times Square plays host to several retail giants, including American Eagle Outfitters, Forever 21 and Levi’s. But when people walk to 1515 Broadway, they will find a ghostly, large and unoccupied retail space where Aéropostale once lived.
Read more at Sourcing Journal.