Charlotte Russe: Latest Retail Casualty of Bankruptcy - Inventory Close-Out Sales Going on Now at 94 Stores



  • https://www.nbcchicago.com/news/local/charlotte-russe-store-closings-illinois-505319721.html

    Young women’s clothing store Charlotte Russe is the latest retail casualty of 2019, as the 44-year-old company has filed Chapter 11 bankruptcy.

    Charlotte Russe says it failed in keeping up with fashion trends fast enough, leading to sales slumps and an increasingly bad financial picture.

    They cut their debt by 58% in 2018, but it wasn’t enough to save the company from bankruptcy.

    Not every Charlotte Russe store is closing just yet. As part of its bankruptcy filing, it’ll be closing 94 of the 512 total mall-based stores.

    Charlotte Russe is closing the 94 stores to improve their financial picture, in hopes of finding a buyer. If they can’t find one in the next few weeks, the current owners say they’re ready to liquidate the entire chain.


    CLOSING

    Alabama
    Florence: 301 Cox Creek Parkway

    California
    Arvin: 5701 Outlets at Tejon Parkway

    Culver City: 6000 Sepulveda Blvd.

    Daly City: 288 Serramonte Center

    Fairfield: 1350 Travis Blvd.

    Irvine: 71 Fortune Drive

    La Mesa: 5500 Grossmont Center

    San Bernardino: 500 Inland Center Drive

    San Jose: 925 Blossom Hill Road

    Santa Ana: 2800 North Main Place

    Valencia: 24201 West Valencia Blvd.

    Westminster: 2150 E Westminster Mall

    Colorado
    Grand Junction: 2424 US Highway 6

    Pueblo: 3429 Dillon Drive

    Connecticut
    Meriden: 470 Lewis Avenue

    Milford: 1201 Boston Post Road

    Ledyard: 455 Trolley Line Boulevard

    Florida
    Jacksonville: 4870 Big Island Drive

    Port Richey: 9409 US Highway 19

    Sarasota: 140 University Town Center Drive

    West Palm Beach: 1721 Palm Beach Lakes Boulevard

    Georgia
    Commerce: 800 Steven B. Tanger Blvd.

    Douglasville: 1440 Douglas Blvd.

    Pooler: 200 Tanger Outlet Boulevard

    Hawaii
    Aiea: 98-1005 Moanalua Road

    Kahlului: 275 W. Kaahumanu Ave.

    Kaneohe: 46-056 Kamehameha Highway

    Illinois
    Algonquin: 1952 S. Randall Road

    Joliet: 3340 Mall Loop Drive

    Lincolnwood: 3333 West Touhy Avenue

    Lombard: 203 Yorktown

    Peoria: 220 W. War Memorial Drive

    Skokie: 4999 Old Orchard Center

    Indiana
    Hobart: 2063 Southlake Mall

    West Des Moines: 1551 Valley West Drive

    Kentucky
    Ashland: 500 Winchester Ave.

    Louisiana
    New Orleans: 500 Port of New Orleans Place

    Slidell: 760 Town Center Parkway

    Maryland
    Annapolis: 2550 Annapolis Mall

    Bel Air: 696 Bel Air Road

    Frederick: 5500 Buckeystown Pike

    Gaithersburg: 701 Russell Avenue

    Hagerstown: 17301 Valley Mall Road

    Ocean City: 12741 Ocean Gateway

    Massachusetts
    Cambridge: 100 Cambridgeside Pl

    Kingston: 101 Independence Mall Way

    Michigan
    Dearborn: 18900 Michigan Avenue

    Howell: 1475 North Burkhart Road

    Okemos: 1982 W. Grand Rive Avenue

    Saginaw: 4667 Fashion Square Mall

    Minnesota
    Bloomington: 141 East Broadway

    Burnsville: 1178 Burnsville Center

    Missouri
    Kansas City: 7260 NW 86th Place

    Lee’s Summit: 880 NW Blue Parkway

    St. Louis: 85 South County Centerway

    New Jersey
    Atlantic City: 122 Christopher Columbus Blvd.

    East Brunswick: 755 State Road 18

    Moorestown: 400 Route 38

    New York
    Glendale: 8000 Copper Ave.

    Massapequa: 2135 Sunrise Mall

    Nanuet: 66 Rockland Plaza Route 59

    New Hartford: Route 5 & 5A

    New York: 130 W. 34th Street

    Niagara Falls: 1982 Military Road

    Saratoga Springs: 3065 Route 50

    Victor: 672 EastView Mall

    Yorktown Heights: 650 Lee Boulevard

    North Carolina
    Gastonia: 246 New Hope Road

    Ohio
    Cincinnati: 7100 Foundry Row

    Mentor: 7850 Mentor Avenue

    Toledo: 5001 Monroe Street

    Oregon
    Eugene: 293 Valley River Center

    Pennsylvania
    Altoona: Route 220 & Goods Lane

    Pittsburgh: 100 Robinson Centre Drive

    Willow Grove: 2500 Moreland Road

    York: 2899 Whiteford Road

    South Carolina
    Florence: 2701 David McLeod Boulevard

    Myrtle Beach: 2000 Coastal Grand Circle

    North Charleston: 2150 Northwoods Blvd.

    Tennessee
    Chattanooga: 2100 Hamilton Place Blvd.

    Johnson City: 2011 N. Roan Street

    Texas
    Cedar Hill: 305 West FM

    Fort Worth: 15853 N. Freeway

    New Braunfels: 257 Creekside Crossing

    Victoria: 7800 N. Navarro St.

    Waco: 6001 West Waco Drive

    Virginia
    Dulles: 21100 Dulles Town Circle

    McLean: 7860 Tysons Corner Center

    Springfield: 6767 Springfield Mall

    Washington
    Auburn: 1101 Outlet Collection Way

    West Virginia
    Morgantown: 9500 Mall Road

    Wisconsin
    Brookfield: 95 N. Moorland Road

    Glendale: 5800 N. Bayshore Drive

    Madison: 375 East Towne Mall


  • Global Moderator

    Moderator Note: not a Hot Deal. Moved to Deal Discission…



  • Inventory close-out sales have already begun in the 94 affected stores, with some items already being offered at 70%-80% off.

    For customers in those markets, that is a Hot Deal, @CtCarl


 

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