Rue 21 news and archive

Rue 21 may be headed towards possible bankruptcy

After just launching a new activewear collection, Rue 21 may be next in line to file for bankruptcy. According to financial sources, the brand has been listed as a potential company headed towards Chapter 11 bankruptcy. According to Fitch Ratings Agency, the retailer was considered “at risk” as a company that could default in the next 12 months....

Business

Rue 21 closing hundreds of stores

Retail's spring of discontent continues, with another company announcing a round of store closures. Rue 21, the trendy teen retailer, has confirmed via their Facebook page they will be closing hundreds of stores amid lender talks. Around 400 stores are expected to close, with 14 having already gone dark. “As part of our ongoing business...