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Published 15 days ago

Apparel retailer rue21 files for third bankruptcy, will close all stores

  • Rue 21, majority-owned by Blue Torch Capital, filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware.
  • All 540 Rue 21 stores in 45 states will close in the next 4 to 6 weeks.
  • This is Rue 21's third bankruptcy filing; it previously reorganized in 2003.
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