Charlotte Russe Files For Bankruptcy

The major retailer announced that it will close 94 of its stores while it tries to find a buyer for the chain. So how will this affect the three stores here in Western New York?

According to a list found at businessinsider.com, it looks like both the Western New York stores will remain open for now.

The clothing chain operates over 500 stores, many which are located in shopping malls.

The company has received around $50 million in debtor-in-possession financing which will help it operate during the bankruptcy.