United Kingdom  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Charlotte Russe Files For Bankruptcy, Closes 94 Stores

Video Credit: Wochit Business - Duration: 00:32s - Published < > Embed
Charlotte Russe Files For Bankruptcy, Closes 94 Stores

Charlotte Russe Files For Bankruptcy, Closes 94 Stores

Charlotte Russe filed for Chapter 11 bankruptcy protection on Monday.

The women's clothing retailer said it planned to close 94 of its roughly 500 stores, says Business Insider.

The majority of Charlotte Russe stores operate in shopping malls.

The brand also operates the children's brand Peek Kids.

The company has received up to $50 million in debtor-in-possession financing to keep the business operating.

0
shares
ShareTweetSavePostSend
 

You Might Like

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.