07-03-2019 15:36 via pittsburgh.cbslocal.com

Charlotte Russe Will Liquidate, Close All Remaining Stores Over Next 2 Months

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By Chris Isidore, CNN Business
(CNN/KDKA) — Charlotte Russe will close all of its stores over the next two months. The women’s clothing company joins a growing group of retailers that couldn’t survive bankruptcy.
The company didn’t want to shut down. It filed for bankruptcy protection a month ago and announced plans to close only 94 of its 512 stores nationwide. The goal was to use the bankruptcy process to shed debts and sell to a buyer
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