Major clothing retailer closing all U.S. stores

(FOXBUSINESS) — Topshop is closing all of its U.S. stores after its operator, Arcadia Group, filed for bankruptcy, according to a report.

The British retailer Opens a New Window. was expected to begin liquidating inventory in 11 Topshop and Topman stores in the U.S. this weekend after announcing all locations in the nation will shutter their doors, the Wall Street Journal Opens a New Window. reported. Topshop opened its first U.S. store in New York City in 2009 and expanded to other cities including Los Angeles, Miami, Las Vegas, Houston and Chicago.

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