Popular Retailer Shuts Down 540 Stores

By Bo Beard | May 31, 2024

Bankruptcy

Rue21, a well-known national retailer with 540 stores in malls across the U.S., is closing its doors due to retail challenges, COVID-19 policies, and economic factors. 
 

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The clothing chain, headquartered in Warrendale, Pennsylvania, is filing for bankruptcy after four decades in the industry. 
 

Substantial discounts

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As part of the closure, Rue21 will provide substantial discounts on remaining stock, starting at 20% to 50% off retail prices and possibly reaching up to 90% until stock is depleted.