Charlotte Russe Is Out!

Another one bites the dust. Fashionistas lose Charlotte Russe.

Fashion retailer is gone.

You remember that Charlotte Russe is the place where women could find the hottest fashion and beauty trends. A place for the best dresses, jeans, shoes and just about any curve. Now fashionistas will no longer find a place to shop.

All the locations in the United States and Canada will close.

The company didn't want to close. It filed for bankruptcy protection only a month ago and announced plans to close nearly 100 stores. Now this is going to be 515 stores.

The goals was to use the bankruptcy process to shed debts and sell to a buy who would keep it open.

CNN reports that Charlotte Russe has 8,700 employees and a handful of them are part-time employees.

Liquidation firm SB360 Capital Partners bought the chain's assets but not the intellectual property.

The store could return in another form.

By April 30, the company will have all its locations closed.

"We are partnering with the buyer and remain in talks to sell the Charlotte Russe brand and are optimistic about the future of the brand, and remain in ongoing negotiations with a buyer who has expressed interest in a continued brick and mortar presence to serve our loyal customers in the future," said Charlotte Russe in a press release.