Claire's Bankruptcy Puts 9 Hawaii Stores at Risk, Storewide Sales of up to 50% Off Underway
Claire's faces financial strain from online competition and shifting consumer habits, risking closure of up to 1,119 stores nationwide including 51 in Ohio, court filings show.
- In Delaware, Claire’s Holdings LLC made the Chapter 11 filing Wednesday, marking its second bankruptcy in seven years, as stores face closure threats.
- Struggling with online rivals and a high debt load, analysts noted Claire’s faced mounting financial troubles due to the ongoing shift away from brick-and-mortar retail.
- Aug. 6 court filings show 18 Claire’s and Icing stores will close by Sept. 7, while up to 1,119 stores, including 51 in Ohio, could shutter if no sale occurs.
- The chain is seeking a buyer for its 800 remaining locations, or all stores must close if it cannot sell them quickly.
- Amid a wave of 2025 closures, Claire’s joins Big Lots, JCPenney, Joann Fabrics, as retailers like Forever 21 and Rue21 shutter all outlets.
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For the second time in a few years, the US jewelry company Claire's now had to file for insolvency. What happens to the German branches?
·Germany
Read Full ArticleWhy is Claire's closing its stores? What to know amid bankruptcy filing
Mall-based teen accessories retailer Claire’s, once known for helping to usher in millions of teens into an important rite of passage — ear piercing — is closing numerous store locations after filing for Chapter 11 bankruptcy protection, including one in the Chicago area. The Claire’s in Chicago’s Ford City Mall, located at 7601 South Cicero in the city’s West Lawn neighborhood, is on the list of more than a dozen physical locations set to close…
·Chicago, United States
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Total News Sources12
Leaning Left2Leaning Right0Center7Last UpdatedBias Distribution78% Center
Bias Distribution
- 78% of the sources are Center
78% Center
L 22%
C 78%
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