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

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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