Teen Retailer Rue21 Declares Bankruptcy, Plans Closure of All 540 Stores
Rue21, a popular destination for teen apparel in malls across the United States, has announced its decision to file for bankruptcy, marking the end of nearly five decades in business and signalling the closure of all 540 of its stores in the coming weeks. The Pittsburgh-based retailer, which once boasted 1,200 locations at its peak,…