Charlotte Russe is Going Out Of Business

View this post on Instagram

💪💪💪 #CRbabe #SourceUnknown

A post shared by Charlotte Russe (@charlotterusse) on

Charlotte Russe will begin “going out of business” sales on Thursday as the chain begins the process of closing all of its stores.

The company filed for Chapter 11 bankruptcy protection last month.On the Charlotte Russe website, it was announced, “Our online store has closed, going out of business, sale starts March 7, all stores, all sales final.”More than 500 stores will be shut down.