CRANBERRY, Pa. (AP) — Teen clothing retailer rue21 is closing about one-third of its stores nationwide as it focuses more on its online business.
The privately held company is shuttering nearly 400 stores, leaving it more than 700 stores in 48 states.
The company is based in Cranberry, north of Pittsburgh. In a Facebook post , it called the decision to close the stores “difficult but necessary.” Like many brick-and-mortar retailers, it has been battling declining mall traffic amid strong competition online.
The company didn’t say how soon the stores will close, though its website is promoting store-closing sales.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
- Target to up hourly base pay to $15 by end of 2020
- Tucson shooting memorial picks up $61K from National Park Service
- Trump weighing options as travel ban nears expiration date
- Main Street Minute: Free golf for girls clinic set for Phoenix course
- Campus museum honors Colangelo, ‘godfather’ of Phoenix pro sports