The fast-fashion retailer filed for Chapter 11 bankruptcy for a third time on Thursday and is seeking to close its 541 stores.

The clothing store rue21, focused on trendy clothes, shoes and apparel for teenagers, will be closing more than 540 of its stores across the country. The mall staple filed for bankruptcy on Thursday,

Teen apparel retailer rue21 is going out of business and closing all its stores, including four in San Antonio. The Pennsylvania-based company filed for bankruptcy for a third time on Thursday, seeking to shutter its 540 locations and sell its intellectual property after years of financial trouble,

A major retailer primarily located in malls and headquartered in Pennsylvania is set to close all 543 of its stores following its third Chapter 11 bankruptcy filing. Closures for all rue21 locations are expected to be completed within the next two months with going-out-of-business sales coming soon.

Teen clothing retailer rue21, which is based in Warrendale, filed for bankruptcy this week and appears to be closing all of its stores. Employees at the Warrendale headquarters were seen Friday carrying boxes to their vehicles after being informed they were losing their jobs during a virtual meeting Thursday,