Teens will need to put all of their allowances into Forever 21 or American Eagle now that 90s fashion retailer Aéropostale has filed for Chapter 11 bankruptcy. As of Wednesday, the chain will shut down more than 100 stores throughout the United States. However you'll be able to snag some great deals at U.S. outlet, which will have closing sales during May 7-8.

Because of the competition of teen retailers like Forever 21, Abercrombie & Fitch and American Eagle, the store is now plans to focus on its more profitable locations, which makes sense. You'll have to scoop up those favorite branded sweatshirts while you still can.

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You can find the lists of stores closing here.