Fashion retailer Charlotte Russe filed for Chapter 11 bankruptcy protection Monday with plans to close about 94 stores and put itself up for sale.
Charlotte Russe filed for bankruptcy on Monday. The women's clothing retailer said it planned to close 94 of its roughly 500 stores. Charlotte Russe filed for Chapter 11 bankruptcy...
Charlotte Russe has filed for Chapter 11 bankruptcy and plans to close 94 stores, the company announced Monday.
Belk filed Chapter 11 bankruptcy in Houston, the first step in the Charlotte retailer’s reorganization plan. That plan was approved in bankruptcy court.
Belk, the 133-year-old Charlotte NC department store chain, will file for Chapter 11 bankruptcy. Stores will stay open.
Women's apparel company Charlotte Russe on Monday filed for Chapter 11 bankruptcy protection and said it planned to shut about 94 stores.
By Jonathan Randles and Colin Kellaher ; Updated Feb. 4, 2019 1:44 pm ET | WSJ Pro
In a move called the Texas Two-Step, profitable companies use Charlotte bankruptcy court to delay lawsuits by people sickened by asbestos.
Belk, the Charlotte-based department store chain, will file bankruptcy in February. Layoffs and cuts may happen next. No stores are planned to close yet.
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