Charlotte Russe Closing All Stores, 40 In Florida

BRADENTON, FL -- Only a month after filing for bankruptcy, the women's clothing company Charlotte Russe, which has 40 stores in Florida, has decided to shutter all of its stores. The company’s intellectual property and rights to its leases will be sold separately.

More than 400 stores are closing nationwide and going-out-of-business sales will begin immediately, according to liquidator SB360 Capital Partners LLC. About $160 million in Inventory will be sold through the Charlotte Russe stores. And savvy buyers could see deeply discounted prices on products including tops, bottoms, jeans, jackets, dresses, shoes and accessories. Those with a gift card must use them by March 21.

“Charlotte Russe established itself over the last four decades as a fashion destination for young women,” said Aaron Miller, executive vice president of SB360. “A sale of this magnitude will bring never-seen-before values to a broad selection of today’s best fashion trends.”

Here are the Charlotte Russe stores in Florida:

• Altamonte Mall 451 East Altamonte Drive, Space #1373 Altamonte Springs FL 32701
• Boynton Beach Mall 801 N. Congress Ave., Suite #249 Boynton Beach FL 33426
• Desoto Square 303 U.S. Hwy 301 Blvd. West, Space #609A Bradenton FL 34205
• Brandon 562 Brandon Town Center Mall Brandon FL 33511
• PEEK KIDS in Shops at Merrick Park 350 San Lorenzo Ave Coral Gables FL 33146
• Coral Square Mall 9167 West Atlantic Boulevard Coral Springs FL 33071
• Volusia Mall 1700 W International Speedway Blvd., Sp #249 Daytona Beach FL 32114
• Ellenton Premium Outlets 5121 Factory Shops Blvd #925 Ellenton FL 34222
• Gulf Coast Town Ctr 9903 Gulf Coast Main St. Ste.100 Fort Myers FL 33913
• Ft. Lauderdale, The Galleria at 2414 E. Sunrise Blvd., Space #2003 Ft. Lauderdale FL 33304
• The Oaks Mall 6345 W. Newberry Rd., Suite D0008 Gainesville FL 32605
• Avenues, The 10300 Southside Blvd., Space #215 Jacksonville FL 32256
• Treasure Coast Square 3410A N.W. Federal Highway Jensen Beach FL 34957
• Eagle Ridge 718 Eagle Ridge Dr. Lake Wales FL 33859
• Lakeland Square Mall 3800 US Highway 98 North, Sp# 756 (previously 758) Lakeland FL 33809
• Santa Rosa Mall 300 Mary Esther Boulevard, Suite 21 Mary Esther FL 32569
• Melbourne Square 1700 West New Haven Avenue Space 737 Melbourne FL 32904
• Dolphin Mall 11401 NW 12th Street, Space #327 Miami FL 33172 Southland-FL
• 20505 S Dixie Highway, Sp# 813 and 805 Miami FL 33189
• Coastland Center 1752 Tamiami Trail North Sp #D-4
• Naples FL 34102 Paddock Mall 3100 College Road, Sp #148 Ocala FL 34474
• Orange Park Mall 1910 Wells Road, Space #H13 & H15 Orange Park FL 32073
• Florida Mall, The 8001 South Orange Blossom Trail, Space #1230 Orlando FL 32809
• Orlando Premium Outlet – International 4977 International Dr. Ste. 3B06 Orlando FL 32819
• Orlando Premium Outlet – Vineland 8200 Vineland Avenue, Space 1509 Orlando FL 32821
• Oviedo Marketplace 1700 Oviedo Marketplace, Space #1375 Oveido FL 32765
• Pier Park 600 Pier Park Drive, Space #G310 Panama City FL 32413
• Pembroke Lakes Mall 11401 Pines Boulevard, Sp# 664 Pembroke Pines FL 33026
• Cordova Mall 5100 North 9th Avenue, Space D412 Pensacola FL 32504
• Port Charlotte 1441 Tamiami Trail #933A Port Charlotte FL 33948
• St. Augustine Outlets 500 Outlet Mall Blvd, Space 105 St. Augustine FL 32084
• Tyrone Square 6901 22nd Avenue St. Petersburg FL 33710
• Sawgrass Mills 2602 Sawgrass Mills Circle, Sp# 1215 Sunrise FL 33323
• Governor’s Square 1500 Apalachee Parkway, Sp# 2185 Tallahassee FL 32301
• Citrus Park 8021 Citrus Park Town Center Mall, Space #960 Tampa FL 33625
• WestShore Plaza 297 Westshore Plaza, Space #C2 Tampa FL 33609
• Indian River Mall 6200 20th Street, Space #350A Vero Beach FL 32966 Avenue
• Viera 2261 Towne Center Avenue, Sp# 870 Viera FL 32940
• Wellington Green, The Mall at 10300 W. Forest Hill Boulevard, Space #159 Wellington FL 33414
• Wiregrass, Shops @ 28211 Paseo Drive Suite 120 Wesley Chapel FL 33543

The company, which was founded in 1975, told media outlets in a statement Wednesday it is partnering with a buyer who has expressed interest in keeping physical “brick and mortar” stores.

A federal bankruptcy judge in Delaware signed off on a deal to sell the company’s assets to a liquidator, media outlets reported. Charlotte Russe says liquidation sales begin Thursday and all sales are final. The online store has been closed.

The latest announcement comes after the retailer filed for Chapter 11 bankruptcy protection in early February. Charlotte Russe has about 500 stores across the U.S.

The company also controls Peek, a children’s clothing store. Charlotte Russe is just the latest major retailer to fall in the industry, following major closure announcements by Sears and children's clothing retailer Gymboree, as retail stores face increasing pressure from e-commerce giant Amazon.

Click here for a full list of stores.

Patch national staffer Dan Hampton contributed to this report