SB360 Capital Partners

Wayne, Pa. — Pet Valu, Inc., a specialty retailer of pet food and supplies in the United States, plans to commence a wind down of its operations due to severe impact from COVID-19. The company expects that all of its 358 stores and warehouses in the Northeastern and Midwestern U.S., as well as its corporate office in Wayne, Pa., will close by the end of the wind-down process. Pet Valu U.S. licenses its name and contracts for certain services from Pet Valu Canada, which is a separate company based in …

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San Francisco — After 44 years, fast-fashion retailer Charlotte Russe is going out of business and closing all of the company’s remaining 416 store locations. A U.S. Bankruptcy Court judge in Delaware approved an order naming SB360 Capital Partners as agent for the liquidation. Going Out of Business Sales start immediately in all stores across 44 states and Puerto Rico. Merchandise currently in the stores — plus additional product from the distribution center and product originally designated to support the e-commerce platform — will be sold at discounted prices. The …

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