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Charlotte Russe files Chapter 11; will close 94 stores in U.S., including 4 in Michigan

Charlotte Russe Holdings Corporation, the parent company for women’s clothing retailer Charlotte Russe, filed for Chapter 11 bankruptcy protection on Monday and announced that it intends to close two of its 15 stores in Michigan.

Analysis: Michigan homeowners pay the 14th highest property tax rate in the U.S.

With an effective tax rate of 1.51 percent, Michigan has the 14th highest tax rate among U.S. states and the District of Columbia, according to an ATTOM Data Solutions analysis of property taxes levied on single-family homes.

Metro Business Network