Charlotte Russe, the women’s clothing retailer that shut down all five of its Indianapolis-area stores as part of bankruptcy proceedings, is set to reopen its Castleton Square Mall location this fall under new ownership.
San Francisco-based Charlotte Russe operated more than 500 stores nationwide when it filed for Chapter 11 bankruptcy protection in February. Those locations included area stores at Circle Centre, Greenwood Park Mall, Castleton Square, the Shops at Perry Crossing and Hamilton Town Center.
In early March, after failing to find a purchaser, the retailer announced it would close all its stores. Then, later that month, Canada-based YM Inc. purchased the Charlotte Russe brand and its related intellectual property.
In April, the new owner announced on social media that it would open some of the stores.
“We are planning a brand new online shopping experience, as well as re-opening 100 retail locations across the U.S. Watch out for more details coming soon!” the brand announced April 11 on both Facebook and Twitter.
Charlotte Russe’s website lists 51 stores as open and another 34 as coming soon. The Castleton Square store is the only listed Indiana location.
A Simon spokeswoman said the Castleton store will reopen in the same spot it previously occupied, in the Macy’s wing of the mall next to Champs Sports. No opening date has been announced.