Better stock up tights and slim slacks now. If you’ve walked by an American Apparel store in the past month or so, you’ve seen those big signs announcing everything in the store is 40 percent off, a discount big enough to make you not regret the price you pay for a simple, if undeniably comfortable, T-shirt. That was before the retailer was sold off to Canadian company and maker of uncomfortable T-shirts Gildan last week. Now, layoffs have begun and all 110 outlets of the retailer are set to close, including the ones in Brooklyn.
A worker at the Flatbush Avenue store last week seemed optimistic the store might stick around (it won’t, based on news reports; stores may start closing in 100 days). When I asked when the 40 percent-off sale is ending, she said “I don’t think it is.” That means the process of liquidating American Apparel’s stock of slim slacks and hoodies and unitards is well underway, and discounts are only going to get steeper as the days tick by. (more…)