Aeropostale Files Chapter 11 Bankruptcy and Will Close Owensboro Store
Aeropostale has announced its filing a Chapter 11 bankruptcy reorganization and, consequently, will close a series of stores in Kentucky. The location inside Towne Square Mall is going to be one of them. Aeropostale, which is largely popular among teen shoppers in the area, has roughly 800 locations and is slated to close over 150 of those as part of a bankruptcy reorganization plan. Joining the Owensboro store on that closure list are locations in Elizabethtown and Paducah.
As of now, there is no set timeline for the closure of the Owensboro location. However, according to a statement released by the company, the plan is to emerge from bankruptcy within six months.