Charlotte Russe files for bankruptcy

Feb. 4, 2019

Women’s clothing store Charlotte Russe has become the latest retailer to file for Chapter 11 bankruptcy.

The chain plans to close 94 of its 500 stores while it pursues a sale of the business.

The store at The Empire Mall is not on the list of sites to close.

In a court filing, Charlotte Russe blamed a decrease in sales and in-store traffic combined with the burden of operating a large bricks-and-mortar presence.

Charlotte Russe files for bankruptcy

Women’s clothing store Charlotte Russe has become the latest retailer to file for Chapter 11 bankruptcy.

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