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Report: Teen apparel retailer close to filing Chapter 11
Aeropostale Inc. preparing to file for Chapter 11 bankruptcy as soon as this month, Bloomberg reported, citing people familiar with the matter.
Aeropostale has recorded three consecutive years of losses as its struggles to deal with a teen audience whose spending tastes now favor fast-fashion giants such as H&M as well as online retailers. The chain operates some 800 stores nationwide.
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Nordstrom vet to join The Finish Line
The Finish Line said that John Hall will join the company in mid-May as executive VP, divisional president and chief merchandising officer.
Hall, a 30-year Nordstrom executive, most recently served as VP, corporate merchandiser of Rack Menswear.
At Finish Line, Hall’s focus will span across consumer engagement touchpoints including stores and digital operations, merchandising and strategies involving the company’s product vision. He will drive the retailer’s brand growth strategies.

