Largely mall-based teen clothes retailer Rue21 plans to shutter more than 400 stores nationally, including its Valparaiso location.
"It’s true — we are closing some stores," the suburban Pittsburgh-based retailer said on its website. "It was a difficult but necessary decision. But the good news is we still have hundreds of locations across the country, and our website, rue21.com, open for business."
Rue21, which purports to "rock girls and guys hottest fashion trends for less so you can step out in style," will close its Valpo store at 2410 Laporte Ave. #150 next to Target in the shopping corridor along Ind. 49. It does not plan to close other local stores in the Southlake Mall in Hobart, the River Oaks Center in Calumet City, the Lighthouse Place Premium Outlets in Michigan City, or the Tinley Park Plaza in Tinley Park.
Facing competition from e-commerce businesses like Amazon, brick-and-mortar retailers have been failing and closing stores at an unprecedented pace.Retailers that are closing all or some of their stores in the Region and the south suburbs so far in 2017 include Ashley Homestore, HHGregg, Payless, Dollar Express, MC Sports, Family Christian, Gordmans, The Limited, Wet Seal, Kmart, Sears Appliance and Hardware Store, Carson's Clearance Center and Gander Mountain.