• Charlotte Russe to close 94 stores, files Chapter 11 bankruptcy

    By: Natalie Dreier, Cox Media Group National Content Desk

    Updated:

    Women’s clothing retailer Charlotte Russe will close 94 stores after filing for Chapter 11 bankruptcy.

    The company filed paperwork in court Monday to start the process, saying Charlotte Russe “suffered from a dramatic decrease in sales and in-store traffic” and struggled with “the burden of maintaining a large brick-and-mortar presence,” CNN reported.

    Company officials are looking for a new owner to operate 400 Charlotte Russe, Peek children’s stores and the company’s website, according to CNN.

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    Officials said poor sales and debt hurt the company. 

    The company was last purchased in 2009 by an equity firm in a $380 million cash for stock deal. It also slashed its debt amount from $214 million to $90 million in 2018. But sales also fell from $928 million in 2017 to $795 million in 2018, CNN reported

    USA Today reported the following stores will be closed:

    Alabama

    Florence: 301 Cox Creek Parkway

    California

    Arvin: 5701 OUtlets at Tejon Parkway

    Culver City: 6000 Sepulveda Blvd.

    Daly City: 288 Serramonte Center

    Fairfield: 1350 Travis Blvd.

    Irvine: 71 Fortune Drive

    La Mesa: 5500 Grossmont Center

    San Bernardino: 500 Inland Center Drive

    San Jose: 925 Blossom Hill Road

    Santa Ana: 2800 North Main Place

    Valencia: 24201 West Valencia Blvd.

    Westminster: 2150 E Westminster Mall

    Colorado

    Grand Junction: 2424 U.S. Highway 6

    Pueblo: 3429 Dillon Drive

    Connecticut

    Meriden: 470 Lewis Ave.

    Milford: 1207 Boston Post Road

    Ledyard: 455 Trolley Line Blvd.

    Florida

    Jacksonville: 4870 Big Island Drive

    Port Richey: 9409 US Highway 19

    Sarasota: 140 University Town Center Drive

    West Palm Beach: 1721 Palm Beach Lakes Blvd.

    Georgia

    Commerce: 800 Steven B. Tanger Blvd.

    Douglasville: 1440 Doublas Blvd.

    Pooler: 200 Tanger Outlet Blvd.

    Hawaii

    Aiea: 98-1005 Moanalua Road

    Kahului: 275 W. Kaahumanu Ave.

    Kaneohe: 46-056 Kamehameha Highway

    Illinois

    Algonquin: 1952 S. Randall Road

    Joliet: 3340 Mall Loop Drive

    Lincolnwood: 3333 West Touhy Ave.

    Lombard: 203 Yorktown

    Peoria: 220 W. War Memorial Drive

    Skokie: 4999 Old Orchard Center

    Indiana

    Hobart: 2063 Southlake Mall

    West Des Moines: 1551 Valley West Drive

    Kentucky

    Ashland: 500 Winchester Ave. 

    Louisiana

    New Orleans: 500 Port of New Orleans Place

    Slidell: 760 Town Center Parkway

    Maryland

    Annapolis: 2550 Annapolis Mall

    Bel Air: 696 Bel Air Road

    Frederick: 5500 Buckeystown Pike

    Gaithersburg: 701 Russell Ave.

    Hagerstown: 17301 Valley Mall Road

    Ocean City: 12741 Ocean Gateway

    Massachusetts

    Cambridge: 100 Cambridgeside Place

    Kingston: 101 Independence Mall Way

    Michigan

    Dearborn: 18900 Michigan Ave.

    Howell: 1475 North Burkhart Road

    Okemos: 1982 W. Grand River Ave.

    Saginaw: 4667 Fashion Square Mall

    Minnesota

    Bloomington: 141 East Broadway

    Burnsville: 1178 Burnsville Center

    Missouri

    Kansas City: 7260 NW 86th Place

    Lee’s Summit: 880 Nw Blue Parkway

    St. Louis: 85 South County Centerway

    New Jersey

    Atlantic City: 122 Christopher Columbus Blvd.

    East Brunswick: 755 State Road 18

    Moorestown: 400 Route 38

    New York

    Glendale: 8000 Cooper Ave.

    Massapequa: 2135 Sunrise Mall

    Nanuet: 66 Rockland Plaza Route 59

    New Hartford: Route 5 & 5A

    New York: 130 W. 34th St.

    Niagara Falls: 1982 Military Road

    Saratoga Springs: 3065 Route 50

    Victor: 627 EastView Mall

    Yorktown Heights: 650 Lee Blvd.

    North Carolina

    Gastonia: 246 New Hope Road

    Ohio

    Cincinnati: 7100 Row

    Mentor: 7850 Mentor Ave.

    Toledo: 5001 Monroe St.

    Oregon

    Eugene: 293 Valley River Center

    Pennsylvania

    Altoona: Route 220 & Goods Lane

    Pittsburgh: 100 Robinson Centre Drive

    Willow Grove: 2500 Moreland Road

    York: 2899 Whiteford Road

    South Carolina

    Florence: 2701 David McLeod Blvd.

    Myrtle Beach: 2000 Coastal Grand Circle

    North Charleston: 2150 Northwoods Blvd.

    Tennessee

    Chattanooga: 2100 Hamilton Place Blvd.

    Johnson City: 2011 N. Roan St.

    Texas

    Cedar Hill: 305 West FM

    Fort Worth: 15852 N. Freeway

    New Braunfels: 257 Creekside Crossing

    Victoria: 7800 N. Navarro St.

    Waco: 6001 West Waco Drive

    Virginia

    Dulles: 21100 Dulles Town Circle

    McLean: 7860 Tysons Corner Center

    Springfield: 6767 Springfield Mall

    Washington

    Auburn: 1101 Outlet Collection Way

    West Virginia

    Morgantown: 9500 Mall Road

    Wisconsin

    Brookfield: 95 N. Moorland Road

    Glendale: 5800 N. Bayshore Drive

    Madison: 375 East Towne Mall

    FILE PHOTO: Women's clothing store Charlotte Russe has filed for Chapter 11 Bankruptcy.
    Room's Studio/Shutterstock

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