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Aeropostale Dropping Jimmy'Z; Z. Gallerie Closing 25 Stores

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It's a bad day for retailers with the letter Z. Aeropostale is throwing in the towel on its Jimmy'Z concept and shutting all 11 stores it operates under that banner. Meanwhile, Z Gallerie is closing about a third of its stores, 25 in all, leaving the retailer with 52 locations.

Bankruptcies and Liquidations:

Potential Bankruptcies & Liquidation Impact: 884 confirmed closures out of about 2,231 stores

Announced Closings

Total Closings: up to 715 U.S. stores

Potential Impact of All Announcements to Date: 1,599 closures out of up to 2,946 potentially affected U.S. stores

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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