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rue21

Business
Major Mall-Based Chain To Close 543 Stores After Filing For Bankruptcy Major Mall-Based Chain To Close 543 Stores After Filing For Bankruptcy
Major Mall-Based Chain To Close 543 Stores After Filing For Bankruptcy A retailer primarily located in malls is set to close all 543 of its stores following its third Chapter 11 bankruptcy filing. Closures for all rue21 locations are expected to be completed within the next two months with going-out-of-business sales coming soon. Founded in 1970, rue21 specializes in women's & men's casual apparel and accessories. In its filing on Thursday, May 2, the company said, "It became clear that offers to buy the debtors' assets at their current worth could not exceed the expected profits from selling off the closing stores and assets.  "As a result, the deb…

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by Joe Lombardi
Police & Fire
Ex-Employee Accused Of Stealing $4,300 From Popular Post Road Clothing Store Ex-Employee Accused Of Stealing $4,300 From Popular Post Road Clothing Store
Ex-Employee Accused Of Stealing $4,300 From Popular Post Road Clothing Store A former employee at a popular area clothing store turned herself into police custody after allegedly stealing more than $4,000 while working there, police said. Members of the Milford Police Department took custody of Stratford resident Amanda Hazel, 35, who had an active warrant out for her arrest after she allegedly took an estimated $4,300 from rue21 on Boston Post Road in March and April while she was employed there. Police said that Hazel is also accused of stealing more than $240 worth of merchandise from the store during that same stretch. Hazel was arrested on Tuesday, Oct. 2, and…

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by Zak Failla