Rue21 bankruptcy: Retailer closing all stores and starting liquidation sales
Teen fashion retailer rue21 plans to close all of its 540 stores after filing for Chapter 11 bankruptcy for the third time Thursday.Why it matters: The move is the latest in a series of retailers closing all their locations,
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rue21 files bankruptcy for 3rd time, plans liquidation
The chain plans to close all its stores and sell its intellectual property. From the St. Louis Business Journal. Teen clothing retailer rue21 plans to close all its stores and sell its intellectual property after having filed for bankruptcy a third time ...
rue21 files for bankruptcy for the third time, all stores to close
Rue21 filed for Chapter 11 bankruptcy and plans to close all of its 543 U.S. store within the next two months.
Rue21, a mall staple, files for bankruptcy and will close all of its stores
Rue21, a mall staple for teen apparel, is going out of business and closing all of its 540 stores within the coming weeks.
Rue21 Files for Third Bankruptcy to Close Stores and Sell Brand
The retailer said it has been losing money due to the growth of online shopping, industry competition, inflation and other factors.
Apparel retailer rue21 files for third bankruptcy, will close all stores
Teen apparel retailer rue21 (RUET.UL) filed for Chapter 11 bankruptcy protection for a third time on Thursday, seeking to shut down its 540 stores and sell its intellectual property.
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