Charlotte Russe closing all stores as liquidation sales begin

08 March, 2019, 16:28 | Author: Mary Valdez
  • Charlotte Russe closing all stores liquidating

The Charlotte Russe location at both Premium Outlets and Patrick Henry Mall did not have any contact information for their corporate office.

Wednesday night, the company posted on its website that its online store had closed.

Charlotte Russe announced Thursday that it is going out of business. Stores will honor gift cards until March 21.

The 512 stores will close within the next two months following a bankruptcy filing, as reported by The Associated Press and other news organizations.

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The women's fashion retailer filed for bankruptcy last month and said it would liquidate completely if it couldn't find a buyer.

In West Michigan, Charlotte Russe has stores in the Woodland Mall, RiverTown Crossings Mall and The Lakes Mall. It also owned 10 children's clothing stores under the Peek brand, which it acquired in 2016. The company also employees more than 8,700 people.

The Greenbrier Mall location for Charlotte Russe declined to give the contact information for the company's media relations.

Charlotte Russe expects to sell roughly $160 million worth of clothing, shoes and accessories in going-out-of-business sales over the coming weeks.

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