Pacific Sunwear, another SoCal-based mall staple, sought bankruptcy protection last April and emerged from proceedings in September with a new owner, Golden Gate Capital. Similarly, Aéropostale filed in May and was bought at auction by a consortium comprising Authentic Brands Group, Simon Property Group and GGP. Other Chapter 11 filings in the last two years have included Delia's, Quiksilver and American Apparel, to name just three.