Rue21, a mall staple for teen apparel, is going out of business and closing all 540 of its stores within the coming weeks.. The Pittsburgh-based company filed for bankruptcy Thursday for the third ...

Clothing company Rue21 has filed for Chapter 11 bankruptcy for the third time in 21 years. The retailer plans to hold going-out-of-business sales for the next four to six weeks.

Lenders now own 85 per cent of Rue21’s stock, court filings show. The retailer’s demise comes after a wave of store closures by other brands across the US this year.

Rue21, a mall staple for teen apparel, is going out of business and closing all 540 of its stores within the coming weeks.. The Pittsburgh-based company filed for bankruptcy Thursday for the third ...

Rue21 is the latest retailer to hit financial turbulence. Express filed for bankruptcy last month and announced it was closing about 100 stores. 99 Cents Only Stores , a discount chain, also said ...

New York (CNN) — Rue21, a mall staple for teen apparel, is going out of business and closing all 540 of its stores within the coming weeks. The Pittsburgh-based company filed for bankruptcy Thursday ...