Just a month after filing bankruptcy, Charlotte Russe has announced it will close all of their stores. Last night, the company posted on their website that the online store had closed and a going out of business sale starts today (March 7th) at all remaining stores.
Last month when they filed bankruptcy, they said the plan was to close 94 stores, stating they "suffered from a dramatic decrease in sales and in-store traffic.
As of their filing in February, they had 500 stores in malls around the country, and nearly 9,000 employees.
(Fox 59)