Charlotte Russe files for bankruptcy, plans to close 94 stores
SAN DIEGO (UPI) -- Women's clothing store Charlotte Russe announced Monday that it filed for bankruptcy and plans to close nearly 100 stores. The company filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware on Sunday. It plans to close 94 of its 500 stores while it looks for a buyer for the business and its assets. The company received $50 million from lenders to continue operating its Charlotte Russe and Peek stores, and […]
