Friday, March 8, 2019

27 37 66 93 318 722 | Charlotte Russe will liquidate and close all of its stores, March 7, 2019


Charlotte Russe will close all of its stores over the next two months. The women's clothing company joins a growing group of retailers that couldn't survive bankruptcy.

The company didn't want to shut down. It filed for bankruptcy protection a month ago and announced plans to close only 94 of its 512 stores nationwide. The goal was to use the bankruptcy process to shed debts and sell to a buyer who would keep it in business.

But those hopes fell apart this week when liquidator SB360 Capital Partners won the auction in bankruptcy court for Charlotte Russe's $160 million worth of inventory, and other assets. The plan to shut down was approved Wednesday by the bankruptcy court in Delaware.

SB360, which describes itself as "one of the oldest, most experienced companies in the country conducting store closing and going out of business sales," announced Charlotte Russe would start going out of business sales at all stores as of Thursday. The company will accept gift cards through March 21, and it will close all of its stores by of the end of April.

601 is the 110th prime number



Charlotte Russe started in San Diego in 1975. It was acquired in 2009 by private equity firm Advent International for $380 million. The company is one of a long line of brick-and-mortar retailers that have struggled and died after being acquired by private equity firms.




22 divided by 7 equals 3.14 ~, the number for Pi, seasons, cycles, circles etc.
          __
7 divided by 2 equals 0.318 ~, the inverse of Pi

A = 1, B = 2, C = 3, D = 4, E = 5, F = 6, G = 7, H = 8, I = 9 . . . M = 13, N = 14, O = 15, P = 16, Q = 17, R = 18 . . .
C = 3, R = 18, like 318 when put together



It filed for bankruptcy protection a month ago and announced plans to close only 94 of its 512 stores nationwide.

 512 - 94 = 503
503 is the 96th prime number


Knowledge = 96. Power = 96. Society = 96

Charlotte Russe had 8,700 employees at the time of the filing, all but 1,400 of whom were part-time workers. It had stores in every US state except Alaska at the time of its bankruptcy filing. It also owned 10 children's clothing stores under the Peek brand, which it acquired in 2016.

The bankruptcy court also approved a total of $559,000 in bonuses for key company executives to keep them in place during the shutdown process. Most of the company's employees won't be as fortunate, because severance payments are rarely paid in US bankruptcy cases.


Charlotte Russe is an American clothing retail chain store that operates in the United States, headquartered in San Francisco, California.  Fashions in the stores are targeted at women in their teens and twenties. The company owns and operates stores in 45 states,. It can be found in many malls/shopping centers. Charlotte Russe operates 560 stores. It filed for Chapter 11 bankruptcy on February 4, 2019.  It announced on March 7, 2019 that it would be closing all of its remaining stores and would be attempting to sell the brand’s intellectual property.

From the beginning of the year (1/1/19) to the date it was announced Charlotte Russe would close down all their stores (3/7/19) is a span of 65 days away, including the end date exactly 66 days later.



It is also 2 months and 7 days later, like 27 (reminding us of the '27-club', death club)
Couple = 27. Lover = 27. Public = 27. Queef = 27


On the bottom right hand corner, you will see that it is 9 weeks and 3 days later exactly, like 93, span of 9 weeks and 2 days, like 92




Fro the announcement of Charlotte Russe closing down all their stores (3/7/19) to the end of the year (12/31/19) leaves a span of 299 days.


It is also a span of 42 weeks and 5 days later, like 425


This announcement of all the Charoltte Russe stores closing was announced on March 7, 2019, date written 3/7 or 7/3

Sacrifice = 73




Charlotte Russe will close all of its stores over the next two months. The women’s clothing company joins a growing group of retailers that couldn’t survive bankruptcy.

The company didn’t want to shut down. It filed for bankruptcy protection a month ago and announced plans to close only 94 of its 512 stores nationwide. The goal was to use the bankruptcy process to shed debts and sell to a buyer who would keep it in business.








Charlotte Russe

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