Charlotte Russe Likely Closing All Stores

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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