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Casual Corner to close its stores

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Casual Corner Group (Enfield, Conn.) announced over the weekend that it will close or sell all 525 of its stores in 42 states and Puerto Rico.

The Casual Corner, Casual Corner Annex and Petite Sophisticate stores began closing sales on Friday.

A spokeswoman for the specialty retailer would not say what led to the decision to close the stores or answer questions about the closing. But ceo Malcolm Sherman said, “we continue to examine the long-term strategic options for the Casual Corner Group stores, including the search for investors interested in continuing the Casual Corner/Petite Sophisticate brands and operations.”

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