Charlotte Russe Likely Closing All Stores

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KELO Charlotte Russe logo closing stores

Charlotte Russe is expected to close all of its stores and is in talks to sell its intellectual property.

In a statement, the young women’s clothes chain says it is talking with a buyer interested in keeping the brand alive in brick and mortar form.  But on Wednesday, a judge approved the sale of Charlotte Russe’s assets to a liquidation company.

Going out of business sales are expected to begin Thursday and last no later than April 30.

The retailer’s online store has already closed.  

Charlotte Russe has a location in Sioux Falls and Rapid City.
 

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