Charlotte Russe closing all stores, 'Going Out of Business' sale starts Thursday
Retailer Charlotte Russe will be closing all of its stores, the company confirmed on Wednesday.
At CharlotteRusse.com, a message appears that says "Going Out of Business. Sale starts March 7. All Stores."
All sales will be final.
According to a press release from February 19, the retailer said, "In the event that a going-concern transaction is not selected as the highest or otherwise best bid following the conclusion of the auction, the Company will facilitate an orderly wind-down of all of its store locations and operations beginning on or about March 7, 2019."
In February, the company filed for bankruptcy and had received $50 million in financing to keep the business operating during bankruptcy proceedings, according to Fox 5 DC.
The company has more than 500 stores in 49 states and Puerto Rico and more than 8,000 employees.
There are five Charlotte Russe stores in the Orlando area:
- Florida Mall - 8001 South Orange Blossom Trail
- Orlando Outlets - 4977 International Drive
- Orlando Outlet - 8174 Vineland Road
- Altamonte Springs - 451 Altamonte Drive
- Oviedo - 1640 Oviedo Marketplace Blvd.