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Aeropostale Hits Ch. 11, Plans To Shutter 154 Stores

By Jonathan Randles (May 4, 2016, 7:53 AM EDT) -- Teen apparel retailer Aeropostale filed for bankruptcy Wednesday in New York carrying $223 million in funded debt, and it plans to immediately close 154 stores, becoming the latest apparel chain to seek court protection amid fierce competition and the changing buying habits of consumers....

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