Rue21, the teen apparel retailer, has filed for Chapter 11 bankruptcy for the third time and plans to close all of its 541 stores nationwide within the next two months.
Another longtime local business is closing their doors.
According to Fox 17, Thomas S Fox Diamond Jewelers are planning to be closed for good by June.
Unlike other businesses who have closed because of lack of buying interests from customers, Fox 17 says John Turrentine, who’s president of the store and married to Thomas S Fox’s daughter, told them the decision to close was because John is pursuin
It's been in the news, first as a possibility, then as reality, for months.
Radio Shack is going bankrupt. It's one of many brands that might just go away soon.