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Rue21 is the latest retailer to hit financial turbulence. Express filed for bankruptcy last month and announced it was closing about 100 stores. 99 Cents Only Stores , a discount chain, also said ...
All rue21 stores will roll out going-out-of-business sales, according to rue21's Instagram page. Everything will be discounted by 30 to 50% off the lowest ticketed price. View this post on Instagram
Liquidation sales began on May 3, and stores completed liquidation sales on or before May 30. [15] However, on June 29, 2024, YM, Inc. acquired Rue21's assets. YM also owns Charlotte Russe and Urban Planet. The company reopened 7 stores, all located in Tanger Outlets centers, with plans to reopen up to 120 stores within the coming months. [16]
Rue21, based in Warrendale, Pennsylvania, has filed for bankruptcy twice previously. The fashion brand closed 400 stores in response to its 2003 and 2017 declarations of bankruptcy, which cut ...
The Phoenix-area stores (which were owned by The RoomStores of Phoenix, LLC), the last remains of the chain, were closed in 2016. [262] rue21 announced plans to close around 400 stores in April 2017. [263] The company filed for Chapter 11 bankruptcy on May 16, 2017, [264] and emerged from bankruptcy in September. [265]
The teens' clothing store rue21 has filed for bankruptcy again resulting in the closure of 543 stores across the country. Retailer rue21 is filing for bankruptcy. These Iowa stores will close.
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Customers' Favorite Fashion Retailer - Market Force Information 2015
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