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Charlotte Russe to Close Gaithersburg Store at Lakeforest Mall

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Industry Observer with Retired

Charlotte Russe to Close Gaithersburg Store at Lakeforest Mall

 

Charlotte Russe, a women's clothing company with about five hundred stores across the country has filed for Chapter 11 bankruptcy protection. It is reported that they plan to close about 94 of their stores.

There are thirteen Charlotte Russe stores in Maryland and six of them, including the Gaithersburg location at Lakeforest Mall, are scheduled to go out of business. They also plan to close the Frederick store at Francis Scott Key Mall.

 

Anemone Chrysanthemum x morifolium, 'Echo', Longwood Gardens, Kennett Square PA USA IMG 6795 Canon PowerShot G11 Camera Photograph by Roy Kelley Roy and Dolores Kelley Photographs

Anemone Chrysanthemum x morifolium, 'Echo', Longwood Gardens, Kennett Square PA USA IMG 6795
Canon PowerShot G11 Camera
Photograph by Roy Kelley
Roy and Dolores Kelley Photographs

Posted by

Roy Kelley, Retired, Former Associate Broker, RE/MAX Realty Group

Gaithersburg, Maryland  

Show All Comments
Joyce Marsh
Joyce Marsh Real Estate LLC - Daytona Beach, FL
Joyce Marsh Homes

They are in a highly competitive segment of the retail market. Sorry to hear that they are closing so many stores and in financial trouble 

Feb 06, 2019 01:05 PM
Debb Janes
Nature As Neighbors - Camas, WA
Put My Love of Nature At Work for You

Never heard of them, must be an East Coast line. I'm always sorry to hear though, when this happens. Can't help but wonder if on-line shopping is impacting a number of brick and mortar stores. 

Feb 06, 2019 03:42 PM
Debb Janes
Nature As Neighbors - Camas, WA
Put My Love of Nature At Work for You

Well, I see they actually originated in San Francisco - so much for that East Coast remark. I must be living under a tree. Well, at least among the trees on a hill in Camas, Washington. Lol. 

Feb 06, 2019 03:43 PM
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I think I have seen them somewhere but they never came to Oklahoma to my knowledge.

Feb 06, 2019 03:48 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Brick and mortar stores have been having a hard time of it since on-line shopping has become popular.  I had hoped that clothing and shoe stores would remain viable however, because my experience in buying them on-line has been exceptionally poor.

Feb 06, 2019 04:20 PM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Roy -the world of retail mimics life as always evolving and that it is rapidly occurring today(these times). Sad but another sign of the times: Store Closing Going Out of Business. 

Feb 06, 2019 06:11 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I heard about this on the news, Roy.  I'm sorry for all of the employees of the stores and hope they wind better employment soon.

Feb 07, 2019 05:35 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Roy,  I hate to hear about store closings and putting people out of work.  Figure the state of the Union was better!

 

Feb 07, 2019 10:01 AM
Roy Kelley
Retired - Gaithersburg, MD

Your feedback and your continued support are very much appreciated.

Feb 11, 2019 05:18 AM
Roy Kelley
Retired - Gaithersburg, MD

Make it a habit to post a reblog every day. It is an easy way to pay it forward.

Feb 12, 2019 12:12 PM
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