Teen-targeted retailer rue21, which had already announced plans to close 400 stores and shift its focus to its website, has become the latest retail chain to file for bankruptcy, though it hopes to remain operational. [More]
teen retailer
Rue21 May Be Next Retailer To File For Bankruptcy
By 4.6.17
The retail wheel of misfortune has been particularly unkind to teen-targeted shops that occupy many of the nation’s malls and shopping centers. WetSeal, Aeropostale, Pacific Sun, and Quicksilver have all recently filed for bankruptcy, and a new report says Rue21 may be the next to fall. [More]
