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.

Rue21 was bought by private equity firm Apax Partners in 2013 for $1.1 billion. Loaded up with debt of almost $1 billion, Rue21 has struggled to make its debt payments amid waning demand for its ...

Rue21 is the latest retailer to fail. The chain of teen clothing stores says it has filed for Chapter 11 bankruptcy protection and is closing about a third of its 1,200 locations.

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’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, a mainstay of malls across America, has filed for chapter 11 bankruptcy protection and will close all of its stores. In a filing last week with U.S. Bankruptcy Court ...

A longtime employee says all rue21 stores are closing, including six in southwestern Pennsylvania. It comes as rue21 files for bankruptcy.

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 ...

Rue21 is closing all of its stores in the wake of its bankruptcy filing. We cover that story, the changing location equation for small businesses and more in this week's The National Observer.

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 ...

New York (CNN) — 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 ...