Store to close in Logan Valley Mall

Local News
charlotte-russe_1549313509570.png

The owner of a long time store in the Logan Valley Mall has filed for bankruptcy and will be closing its doors. Clothing retailer Charlotte Russe made the announcement Monday.

The company based out of San Francisco targets women in their teens and 20’s.

According to Business Insider, the company is closing 94 of its 500 stores including the one in Altoona.

Charlotte Russe, which also owns the chidren’s brand Peek Kids said it has up to $50 million in financing that would help keep the business running through the bankruptcy.

No word on when those 94 stores will close for good.

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Trending Stories

Don't Miss