09
02/2023
(News).- The clothing store for young women and adolescents, Charlotte Russe, known for many for their low prices, has been declared in bankruptcy for Chapter 11.
LEE: PG&E se declara en bancarrota tras mortales incendios en California
Currently, Charlotte Russe has about 500 stores, most of these are in shopping centers, according to Business Insider.The company also operates the Peek Kids children's clothing brand.
Charlotte Russe received about $ 50 million in financing, which will keep the business operating during bankruptcy, said Business Insider.
Lee: Sears is declared in bankruptcy;They will close more than 100 branches
These are the locations where they will close:
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