Rue21 Collapse A Warning To Retails

24/7 Wall St.

Rue21 is out of business. It had 540 stores and 4,900 employees. It said the primary reason was the spread of e-commerce across the industry. Further, it said that the trend in e-commerce had started to affect it during the COVID-19 pandemic. As Amazon.com and the largest online retailers in the nation grow, the question […]

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