Rue 21 files for bankruptcy, will close all stores

[TheFugitive]

Teen-oriented clothing retailer Rue 21, based here in the Pittsburgh area, has filed for bankruptcy protection and will close all of its stores.

https://finance.yahoo.com/news/teen-clothing-retailer-rue21-files-100147751.html

Rue 21 has 540 stores (down from a pre-pandemic peak of over 1000).  Rue's intellectual property is for sale which means that likely it will reappear someplace else as a pop-up shop within an existing retailer (Toys R Us) or as an online-only merchant (Bed, Bath and Beyond).