gross profit and gross margin mean the same thing. no shit the managment team is not teaching anyone here about business, that is why we can't make money.

Didn't realize we had resorted to name calling. Revenue less cost is gross margin, or MAYBE gross profit but that's a stretch. Profit and net income can be used interchangeably. A company isn't profitable until revenue-COGS-operating... — read more 

Moron, profit = revenue - cos... therefore it is always positive. Income = profit - operating expenses - taxes - interest.... big big difference, obviously you buy anything this management says, which always has spin on it.

Down, Jenny, Down girl!

@Anonymous , Monday 7/18/11 2:32 AM- I would live to discuss the finer points of profit vs. income with you someday. I'm fascinated by your point of view. Maybe you could tell me a bit more about how to build a successful organization and, hopefully... — read more 

Lol!

mrs. j, then go back to the UK:-)

that's why we're going under! you people have too much time on your hands! working in the UK is so much better!

everyone get back to work!

There were numbers on the "by invite only" CR field facebook site, and if you really break them down, you know something is not right.

We had Kim (old navy), the head of merchandising at our meeting and she seemed shocked by all the issues we shared with Refuge. You could tell she has no clue or accountability.

Profit is all how you spin it and CR is losing in the area of profit margin. They are paying too much for the product, lowering margin. They can claim all is well, but they are only keeping their heads above water because of all the operating cuts... — read more 

They sure did, but not an income, and thats what matters. Every retail company makes a profit... income is very different. You need to be able to understand what they are telling you. That is why it is so important not to just look at the comps.

CR has made a profit every month in 2011.

WE have tons of damaged refuge. Is this really the same old refuge or was that a sales tactic too?

Lies and idiots and lame accusations, but money talks. Is Charlotte making money again? Not just comps to a negative bottom line, but true profit? That will tell the tale. Until we know for sure, those of you who were fired because you did nothing... — read more 

DM tell us more about the Refuge launch! How bad is it? I know my denim percentage will be up due to .99 people lib jeans. Those stickers were ridiculous and why go forward with the fold showing the graphic instead of the size? That makes zero sense!... — read more 

We have to get it together. The big Refuge launch is a flop. The sizes and lengths are not consistent. The stickers that I’m sure cost a fortune against margin were placed wrong, so we had to spend what little payroll our teams have to refold the... — read more 

LoL! (SF 7/15 @ 3:41pm) That is hilarius!

There you have it. This coming from the expert who can't spell Financial Institute.

Ok.. CR is in Bad Shape.. but they are not going to file bankruptcy. Advent invested 50% of their own money into this. They will not blow this money away.. Many smart people are in Advent and Advent can turn this around.

LMAOL!!!

Hahahahahahaha, that lie was the funniest yet!

As someone who looks at our plans on a daily basis, I can honestly say most of this board is filled with a bunch of idiots. We are seeing positive comps on LY as well as LLY. Also, whoever the "boyfriend" is. Just stop it. No need for you to post. It... — read more 

The rumor mongering on this board is truly humerous. It's evident that a majority of contributors have no idea what goes on within the organization. It's really sad that people are capable of sinking so low.

The rumor mongering on this board is truly humerous. It's evident that a majority of contributors have no idea what goes on within the organization. It's really sad that people are capable of sinking so low.

OMG! Anonymous , Thursday 7/14/11 3:29 PM CR needs to get rid of you first.

When Jenny and the pac of unemployed Old Navy wolves, too over, they erase the hope of turning the company around. we had a better chance with John than with this horrible executive team. They ALL NEED TO GO. It is that simple, then we'll have a... — read more 

OMG! Are you really trying to compare CR to Apple? You are nuts. Not wonder why you are going to go bankrupt when CR goes bankrupt. Its not about moving on, its about getting the right employees in the right positions. And right now we have too many... — read more 

Hahaha! Just laughing at the Vendor. Wish it was that simple. The only thing that can change CR for the better is to replace the entire executive team. You have to understand that this executive team is the reason why we are almost bankrupt. Without... — read more 

Ok.. Everyone... I know that many of you are upset at CR because either you have been layed off mis treated or maybe your collegue was fired and etc. And I do feel for everyone but please let's move on... There are many companies that was in bad... — read more 

I think the person is thinking of the other private equity firm that owned CR before the IPO 12 years ago, Karp Reily. Alan Karp, former CEO and Board member of Charlotte Russe is the biggest owner of Rue 21. Karp tried to buy CR again in 2009, but... — read more 

Five Below (Value retailer of goods $5 and under catering to young adults and their parents.) Charlotte Russe (Charlotte Russe is a retailer offering exclusive value-priced fashion collections) Amscan (Operator of USA's leading party-supply retail... — read more 

Any news today? Is she gone already?

Any news today? Is she gone already?

Ming 7/13 @ 1:50AM, are you related to JM? no wonder you are the Idiot:-)

Really?? If you look under Rue 21 and speak with executives and recruiters at Rue 21 they will they you different..No need to call me an Idiot!

Advent is not an investor of Rue21. Just another example of some idiot posting fake information to create drama. Link to Advent's Retail Investments: http://www.adventinternational.com/pages/InvestmentSearch.aspx?&Region=North%20America&Sector=Retail — read more 

If the company was doing OK financially, Diane Neal would be CEO right now. That should tell everyone what time it really is. Get a clue.

When you place someone as smart as a monkey at CEO, that tends to happen.