Rue21

New rue21, LLC, doing business as rue21, is an American specialty retailer of women's & men's casual apparel and accessories. 
==History==
rue21 was founded in 1970 as Pennsylvania Fashions Inc. https://www.upi.com/Top_News/US/2017/05/16/Teen-retailer-Rue21-files-for-bankruptcy/1121494965708/ The company operated stores under various brand names. Cary Klein purchased the company from his father in 1989 and later developed the rue21 concept. https://www.bizjournals.com/pittsburgh/news/2013/05/23/timeline-rue21-then-and-now.html 
In February 2002, Pennsylvania Fashions filed for Chapter 11 bankruptcy protection. http://www.bizjournals.com/pittsburgh/stories/2002/02/04/daily7.html 
The company exited Chapter 11 in May 2003, after undergoing voluntary reorganization, renamed as rue21, which had become the company's dominant store concept. http://www.bizjournals.com/pittsburgh/stories/2003/05/19/daily13.html 
In April 2017, rue21 announced plans to close around 400 stores, part of an American retail phenomenon of store closings known as the retail apocalypse. https://web.archive.org/web/20170418083801/http://www.whio.com/business/local-impact-another-teen-clothing-retailer-close-400-stores/HLrJeF5UUuI1q57zFMKheP/ On May 16, 2017, rue21 filed for Chapter 11 bankruptcy protection once again, and emerged on September 22, 2017, after reorganization plan approval by the U.S. Bankruptcy Court for the Western District of Pennsylvania. https://www.retaildive.com/news/rue21-emerges-from-bankruptcy-with-420-fewer-stores/505737/ 
On May 1, 2024, rue21 filed for Chapter 11 bankruptcy for the third time, listing liabilities between $100 million and $500 million. The company has plans to sell itself during the procedure and will pursue a potential sale with any interested parties. As part of that plan, rue21 will close all of its remaining 540 stores nationwide. https://www.bloomberg.com/news/articles/2024-05-02/teen-clothing-retailer-rue21-files-bankruptcy-for-third-time 
==Channel==
The rue21 channel was created on February 17, 2008. Their first video was uploaded on January 25, 2016. 
==References==
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Category:Users who joined in 2008