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May 3, 2024 · Rue21 is the latest retailer to hit financial turbulence. Express filed for bankruptcy last month and announced it was closing about 100 stores. 99 Cents Only Stores , a discount chain, also said ...
6 days ago · Case Background. On May 2, 2024, New RSC Holdco, Inc. (formerly, New rue21 Holdco, Inc.) and five (5) affiliated debtors (collectively, the "Debtors") each filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware.
May 3, 2024 · The teen fashion retailer rue21 has filed for Chapter 11 bankruptcy and plans to liquidate its inventory and shut down its over 500 stores in the U.S. within two months. This is the third time rue21 has filed for bankruptcy since 2002, and it has not issued a press release or commented publicly on the latest move.
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May 2, 2024 · Rue21’s filing follows on the heels of Express Inc.’s Chapter 11 petition last month. Retail bankruptcy experts, however, don’t expect a rash of Chapter 11 petitions in 2024.
Jun 3, 2024 · The first time rue21 filed for bankruptcy was in 2002. At the time, it was still called Pennsylvania Fashions Inc. At the time of the filing, the store operated over 247 stores. They exited ...
May 2, 2024 · 2:14. Teen clothing retailer rue21 has filed bankruptcy to close its stores and sell its brand, marking the third time the business has sought court protection and the latest sign of trouble for ...
May 2, 2024 · The company closed about 400 stores during its 2017 bankruptcy, in a deal that allowed rue21 to slash $700 million in debt. But the company continued to struggle after emerging from bankruptcy ...
