Aldo filed for bankruptcy protection in Canada and the United States in May, due in part to the impact of the coronavirus pandemic on sales. ... The closings have included J.C. Penney and Lord & Taylor, which went dark late last year after their parent companies filed Chapter 11 bankruptcy.

Why are Aldo stores closing?

Are stores closing? Many of our stores remain closed due to COVID-19 restrictions. That said, we continue to closely monitor government and public health regulations to inform our decisions around which stores can re-open and when.

Is Aldo closing for good?

Does this mean that ALDO is going out of business? No, absolutely not. We will continue to operate throughout this process. While our stores are closed due to the pandemic, they will gradually re-open as we follow guidelines from government and health authorities.