Aeropostale is being delisted by the NYSE
NEW YORK (AP) — Trading in shares of Aeropostale, the retailer whose clothes were once ubiquitous in teen closets, was suspended Friday and the New York Stock Exchange will delist the company.
Fast fashion outfits like H&M and Forever 21, with more inexpensive clothes, have emerged in recent years to take a growing market share from Aeropostale, Abercrombie & Fitch and American Eagle Outfitters, stores that were once the energy epicenter of malls across the U.S.