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Charlotte Russe to shutter stores in Westchester, Fairfield malls

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Bankrupt women’s clothing chain Charlotte Russe is closing all of its stores — including several in Westchester and Fairfield counties, the Westchester County Business Journal reported. The San Diego-based retailer filed for Chapter 11 protection in February and has announced liquidation sales at all 512 of its stores. Outposts at the Danbury Fair, Stamford Town Center, Westfield Trumbull, Galleria White Plains and Jefferson Valley malls will all be shuttering, according to the outlet. Private equity firm Advent International bought Charlotte Russe for $380 million in 2009. The company mulled an initial public offering, but reportedly didn’t end up moving forward with a listing due to a drop in sales. [WBJ]

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Westchester & Fairfield