Algonquin's Charlotte Russe clothing store closing

Algonquin’s Charlotte Russe will close, the company announced Monday.

The low-cost women’s clothing and accessory retailer in Algonquin Commons, 1952 S. Randall Road, was included on a list of about 100 stores going out of business, according to a statement from Jennifer Mercer, vice president of strategic communications for Donlin Recano, the corporate restructuring company for Charlotte Russe.

The Algonquin store opened in 2014 in the space formerly occupied by Williams-Sonoma.

Charlotte Russe filed for Chapter 11 bankruptcy relief Sunday, according to a news release from the company,

“Charlotte Russe intends to use these proceedings to facilitate an orderly wind-down of a group of approximately 94 of its store locations, while continuing to pursue a going-concern sale of the business and assets,” according to the release. “The company will provide more details about the plans for the closing locations of Charlotte Russe ... and their store closing sales in the near term.”

The company specializes in low-cost scarves, shoes and dresses and caters to young women.