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Rue21, a mall staple for teen apparel, is going out of business and closing all 540 of its stores within the coming weeks.. The Pittsburgh-based company filed for bankruptcy Thursday for the third ...
rue21 has filed for Chapter 11 bankruptcy and is closing all of its over 500 stores. Reuters reported that the teen fashion retailer plans to close all of its 543 U.S. stores within the next two ...
Rue21 turned a $54 million profit in 2016 when measured before interest, taxes, depreciation and amortization, down 48.5% from 2015, according to a court filing. Revenue was up 1% to $1.14 billion.
Clothing company Rue21 has filed for Chapter 11 bankruptcy for the third time in 21 years. The retailer plans to hold going-out-of-business sales for the next four to six weeks.
Teen clothing retailer Rue21 is filing for bankruptcy again. This time, the company will close all its stores, sell all intellectual property and hold "going out of business" sales.
Rue21, the teen apparel company, filed for Chapter 11 bankruptcy on Thursday. According to the filing, the company, headquartered in Warrendale, Pennsylvania, plans to close all stores while ...
Rue21’s bankruptcy exit plan hit a snag this week, when creditors challenged a grant of legal immunity to the private equity firm, Apax Partners, that led a debt-fueled buyout of the retail chain.
Teen-apparel retailer Rue21 hired Ducera Partners LLC to advise on a possible restructuring, according to people familiar with the matter. Rue21, a seller of low-cost apparel geared to young women ...
Apax Partners, as early as Thursday, is expected to close its controversial $1.1 billion acquisition of teen retailer Rue21. The private-equity firm run by John Megrue is buying Rue21 from Megrue ...
The bank debt of troubled teen retailer Rue21 sold Friday much like the clothes in its stores — at a steep discount. In a highly unusual move, the banks selling debt to finance the $1.1 billion ...