Inc. on Monday night in the bankruptcy court of Pennsylvania Western District Court filed for bankruptcy reorganization according to the eleventh chapter of bankruptcy law of the United States, increasing the number of bankrupt retailers in the country to 20 this year. According to S&P Global Market...
Should Rue 21 file for a bankruptcy court petition next week, it would be the second filing for the teen chain. The Pittsburgh, Pa.-based firm’s first filing was in 2002 when it was operating under the namePennsylvania Fashions Inc.Thechain emergedthe following year under a new name, an...