Aéropostale is closing at Westfield Montgomery Mall in Bethesda. A closing sale is underway, and as of last evening, everything in the store is 70% off, "while supplies last." Aéropostale is the latest victim of the moribund Montgomery County economy. "Everything must go!" and "Closing sale" signs are ubiquitous these days in store windows across the county.
Aéropostale filed for bankruptcy way back in 2016, and closed over 100 stores as part of its reorganization at that time. However, I do not see any news reports online of Aéropostale stores closing elsewhere in the country in recent times. Thus, this appears to be a Montgomery County-specific problem. In Montgomery County, profit margins continue to shrink as taxes, fees, and high energy costs expand. The heavy anchor of a Montgomery County Council that knows nothing about business has dragged another enterprise down to Davy Jones' locker.
1 comment:
Aeropostale peaked in the 1990s. It is now owned by two mall owners - Simon and Brookfield - Westfield’s competitors.
It is in the lower level of the Woodies/JCPenney/Hecht’s Home Macy’s Home, which along with the Sears wing, is being slowly emptied in anticipation of demolition and redevelopment.
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