Charlotte Russe is like Forever 21's promiscuous little cousin. I always loved it for costume jewelry, cheap shoes and I have a few pairs of really comfy sweat pants from there.

Sadly this chain is faced with the same fate of so many other stores, they filed for bankruptcy in February. Poor sales and too much debt were a deadly combo for this fast fashion retailer. These stores deal with a lot of pressure to not only keep up with the trends but stay ahead of them. According to ABC, the store failed to connect with teens and young adults and shifted too far towards basic fashion trends.

They hope to emerge from bankruptcy but in the meantime, going out of business sales are happening...BIG ONES!  Since everything must go, these Charlotte Russe stores might need your help clearing their racks:

Happy shopping!

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