Teen- and young-adult fashion retail chain Rue21 says it will close 400 of its nearly 1,200 stores.

The chain, based in the Pittsburgh area, has 18 stores in Colorado. It was not immediately clear which Colorado stores are shutting down, or how soon.

"It was a difficult but necessary decision" to close stores, the retailer said on its website.

Read more at the Denver Business Journal: http://bit.ly/2pu1i8D