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rue21 has filed for Chapter 11 bankruptcy and is closing all of its over 500 stores including all of its Louisiana stores. Reuters reported that the teen fashion retailer plans to close all of its ...
On May 1, 2024, rue21 filed for Chapter 11 bankruptcy for the third time, listing liabilities between $100 million and $500 million. The company has plans to sell itself during the procedure and will pursue a potential sale with any interested parties. As part of that plan, rue21 closed all of its remaining 540 stores nationwide.
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The fashion retailer has declared bankruptcy multiple times. This time, it will close all of its stores including 31 NC locations.
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