Bankruptcy Looming for Popular Teen Store in Montana

Another bankruptcy for a major retailer is looming but instead of food or homewares, Montana will be losing a clothing outlet for our kids.

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In a recent announcement via the Savvy Dime from MSN, another retailer will be leaving the Big Sky State, this time in the form of Rue21, which only has one location in Montana, that being Billings.

Not The First Bankruptcy for This Company in Montana

Rue21 isn't a stranger to struggling times. According to the article this s the 3rd time that the company has had to file for bankruptcy protection. However, this appears to be the final nail in the coffin.

Challenges in consumer spending over the last several years and being impacted by the Covid-19 pandemic were reasons this time for the filing. The company cited customers shopping more online than in brick-and-mortar locations.

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Finding More Places to Shop Across Montana for Kids

Even though this business is located in Billings, expect it to affect many across the state that may travel to find clothing for school and summertime activities for kids. Especially those in outer lying areas that make that trip.

Expect the Billings store to offer deep discounts in the coming months as liquidation begins for the company. Where will you be heading to outfit your child for the upcoming summer months or the next school year? Do you travel often for different options in clothing choices?

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