Charlotte Russe to close all stores
March 7, 2019
Women’s retailer Charlotte Russe is going out of business.
That includes the store at The Empire Mall, which is located in a prominent spot in center court.
Charlotte Russe filed for bankruptcy earlier this year but at that time said it planned to keep some stores open, including Sioux Falls.
On Wednesday, a bankruptcy court approved the sale of the company to a liquidation business. Going-out-of-business sales start today at its 512 stores and will go no later than April 30.
Charlotte Russe told USA Today it’s in negotiations with a potential buyer for its intellectual property who would have some bricks-and-mortar presence.
Retail closings piling up, including some stores in Sioux Falls