Thursday, December 8, 2016

American Apparel seeks to close nine stores before January auction

The ongoing saga of American Apparel is slowly making its way to a final conclusion.
The beleaguered retailer is seeking court approval to shutter nine poor-performing stores by the end of  December, prior to the auction of its business on Jan. 9, reported The Wall Street Journal, American Apparel filed Chapter 11 in November, its second filing in 15 months.. . . more

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