HONOLULU (HawaiiNewsNow) - Aeropostale, a popular clothing store among teenagers, filed for Chapter 11 bankruptcy protection Wednesday morning, the company announced.
The New York-based fashion retailer has more than 700 stores in the U.S., but will close more than 100 of them, including all three Hawaii stores -- Ala Moana Center, Pearlridge Mall and Windward Mall. It will also close all of its 41 stores in Canada.
Aeropostale, known for its inexpensive and logo-emblazoned clothing, has been struggling for some time as it tries to keep up with other popular fast-fashion brands like H&M, Zara and Forever 21.
The company said it will now work to redefine its image.
Last month, Pacific Sunwear of California Inc., better known as PacSun, filed for Chapter 11 bankruptcy.