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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Leaning Left8Leaning Right5Center39Last Updated15 days agoBias Distribution75% Center