Where Are Young People Shopping?

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American Apparel filed for bankruptcy this morning. Among other problems, the Los Angeles-based clothing company hasn’t turned a profit since 2010. But CEO antics notwithstanding, American Apparel isn’t alone. Youth-focused chains like Wet Seal and Delia’s entered bankruptcy last year, and staples like Aeropostale and Abercrombie & Fitch are also struggling. So where are young people spending their money instead?