Floundering retailer American Apparel Inc. (NYSE: APP) can now add a potential New York Stock Exchange delisting to the company's heaping pile of problems.

The exchange warned the Los Angeles-based clothing and accessories chain that it doesn't meet continued listing standards because of the company's crumbling financial condition. American Apparel "has sustained losses which are so substantial in relation to its overall operations or its existing financial resources, or its financial condition has become so impaired that it appears questionable, in the opinion of the Exchange, as to whether the company will be able to continue operations and/or meet its obligations are they mature," the NYSE said in a notice to the company on Sept. 23, according to a filing with the U.S. Securities and Exchange Commission.

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