Retailer to close 5 St. Louis-area stores in bankruptcy

ST. LOUIS – Teen clothing retailer rue21 plans to close all its stores and sell its intellectual property after having filed for bankruptcy a third time. The Warrendale, Pennsylvania-based retailer, which at one time had 1,000 brick-and-mortar stores, previously sought Chapter 11 bankruptcy protection in 2003 and 2017, and had closed hundreds of locations.

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