$1.1 Billion Takeover of Rue21 Completed


Warrendale, PA—Private equity firm Apax Partners has completed its $1.1 billion takeover of teen apparel retailer Rue21.The … [Read more...]

On Eve of Buyout, Rue21 Posts 88% Drop in Q3 Profits


Warrendale, PA—Rue21 is scheduled for a shareholder vote on Sept. 19 to decide whether the teen retailer will be acquired and … [Read more...]

Rue21 to Offer Promotion with Upcoming Teen Fantasy Film

The Mortal Instruments

Warrendale, PA—Teen retailer rue21 today announced it’s sponsoring a back-to-school promotion in connection with the much … [Read more...]

No Other Buyers Come Forward for Rue21

"Red, White & Rue"

Warrendale, PA—Rue21 revealed Wednesday that it received no other offers for the company, with its sale to private equity firm … [Read more...]

NRF Asks U.S. Judge to Reject Swipe Fee Settlement

Swipe Fees

Washington—The National Retail Federation (NRF) and a broad cross-section of retailers asked a federal judge on Tuesday to reject … [Read more...]

Rue21 Q2 Profit, Sales Up


Warrendale, PA—Rue21 reported Thursday that its second quarter profit rose 19% due to an increase in its stores and an increase in … [Read more...]

Bolstered by Q1 Profit, Sales, Rue21 Raises Full Year Outlook


Warrendale, PA--Rue21, inc. posted Thursday a better-than expected first quarter profit and double digit sales increase. The young … [Read more...]

Accessories Magazine Honors 2011/First Merchants Hall of Fame Inductees Honored

Lori Milligan Cassidy of Stein Mart, pictured with her husband, accepts her 2011 Merchants Hall of Fame plaque at FABB. Below, Hall of Fame recipients line up to receive their plaques.

New York—As part of the festivities during the 22nd annual FABB (Fashion Accessories Benefit Ball), Accessories magazine honored … [Read more...]

Earnings Update: Ross Stores, Rue21, Brown Shoe

Ross Stores

Ross Stores Q4 Profit Rises on Strong Sales Pleasanton, CA—Ross Stores posted net earnings of $161.80 million or $1.37 per for … [Read more...]

More Q3 Reports: Charming Shoppes, Express, rue21, Zumiez


Rue21 and Zumiez reported higher third quarter sales and income. Charming Shoppes posted flat sales for the quarter with its … [Read more...]