Wet Seal to close all 171 locations, including Lexington, Louisville stores

Both Ky. stores at malls

LEXINGTON, Ky. (Jan. 27, 2017) — Struggling teen apparel retailer Wet Seal LLC is closing all 171 of it stores, including locations at the Fayette Mall in Lexington and Mall St. Mathews in Louisville.

Wet Seal previously filed for bankruptcy protection in January 2015, reports The Wall Street Journal. Versa Capital Management LLC, Wet Seal’s private-equity backer, “later acquired the company out of chapter 11 for $7.5 million in cash, and at the time, promised to keep at least 140 stores open.”