Charlotte Russe: Latest Retail Casualty of Bankruptcy - Inventory Close-Out Sales Going on Now at 94 Stores
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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 ParkwayCalifornia
Arvin: 5701 Outlets at Tejon ParkwayCulver 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 6Pueblo: 3429 Dillon Drive
Connecticut
Meriden: 470 Lewis AvenueMilford: 1201 Boston Post Road
Ledyard: 455 Trolley Line Boulevard
Florida
Jacksonville: 4870 Big Island DrivePort 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 RoadKahlului: 275 W. Kaahumanu Ave.
Kaneohe: 46-056 Kamehameha Highway
Illinois
Algonquin: 1952 S. Randall RoadJoliet: 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 MallWest Des Moines: 1551 Valley West Drive
Kentucky
Ashland: 500 Winchester Ave.Louisiana
New Orleans: 500 Port of New Orleans PlaceSlidell: 760 Town Center Parkway
Maryland
Annapolis: 2550 Annapolis MallBel 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 PlKingston: 101 Independence Mall Way
Michigan
Dearborn: 18900 Michigan AvenueHowell: 1475 North Burkhart Road
Okemos: 1982 W. Grand Rive Avenue
Saginaw: 4667 Fashion Square Mall
Minnesota
Bloomington: 141 East BroadwayBurnsville: 1178 Burnsville Center
Missouri
Kansas City: 7260 NW 86th PlaceLee’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 RoadOhio
Cincinnati: 7100 Foundry RowMentor: 7850 Mentor Avenue
Toledo: 5001 Monroe Street
Oregon
Eugene: 293 Valley River CenterPennsylvania
Altoona: Route 220 & Goods LanePittsburgh: 100 Robinson Centre Drive
Willow Grove: 2500 Moreland Road
York: 2899 Whiteford Road
South Carolina
Florence: 2701 David McLeod BoulevardMyrtle 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 FMFort Worth: 15853 N. Freeway
New Braunfels: 257 Creekside Crossing
Victoria: 7800 N. Navarro St.
Waco: 6001 West Waco Drive
Virginia
Dulles: 21100 Dulles Town CircleMcLean: 7860 Tysons Corner Center
Springfield: 6767 Springfield Mall
Washington
Auburn: 1101 Outlet Collection WayWest Virginia
Morgantown: 9500 Mall RoadWisconsin
Brookfield: 95 N. Moorland RoadGlendale: 5800 N. Bayshore Drive
Madison: 375 East Towne Mall
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Moderator Note: not a Hot Deal. Moved to Deal Discission…
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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…
