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Charlotte Russe Leaves the 'Room'.(Charlotte Russe Holding)(Charlotte's Room stores)
Byline: Jennifer Weitzman NEW YORK - Charlotte Russe Holding warned Tuesday it expects to report a second-quarter loss and said it plans to close all 10 of its Charlotte's Room stores.
The San Diego-based specialty retailer, which operates 268 stores under the Charlotte Russe and Rampage store nameplates, said it has decided to discontinue testing the Charlotte's Room concept, a lifestyle accessory store for tweens and young teens, as soon as possible because the concept has failed to deliver the necessary sales to justify a full rollout.
During the current quarter, the retailer said it expects to record a $6 million pre-tax charge, reducing earnings per …
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