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Aerosoles Files For Bankruptcy Protection, Plans To Close Most Of Its Stores

Aerosoles Files For Bankruptcy Protection, Plans To Close Most Of Its Stores

7 years ago
Anonymous $wKBR2uNMvM

https://consumerist.com/2017/09/15/aerosoles-files-for-bankruptcy-protection-plans-to-close-most-of-its-stores/

Aerosoles, maker of comfy women’s shoes, has the same troubles as other mall retailers: more physical stores than it needs, and not enough customers spending money in those stores. And so the company is joining 2017’s most unfortunate corporate club, and filing for bankruptcy.

The current plan is to shed most of its stores, keeping at least four in New York and New Jersey near its Edison, NJ, headquarters. The company hopes to find a buyer, if the reorganization isn’t enough to keep it going.