US EditionGrand Rapids Icing Store to Close After Bankruptcy, Court Docs Say
UNITED STATES, AUG 7 – Claire's cites declining mall traffic, heavy debt, and online shopping shifts as reasons for restructuring, with plans to close over 1,300 stores including 207 Walmart locations.
- On Aug. 6, 2025, Claire’s filed for Chapter 11 bankruptcy for a second time in U.S. Bankruptcy Court for the District of Delaware.
- In a press release, CEO Chris Cramer said increased competition, a shift from brick-and-mortar retail, and the company’s debt drove Claire’s second bankruptcy filing.
- According to the bankruptcy filing, Claire’s operates more than 2,750 stores in 17 countries, including 18 locations set to close soon, and first filed in March 2018 with over $1.9 billion in debt.
- The filing stipulates store-closing sales could start from Aug. 8 through Oct. 31 unless landlords object within five days of notice.
- The company has asked to potentially shutter about 1,100 standalone stores and 207 Walmart locations later this year, risking over 1,300 stores and thousands of jobs.
12 Articles
12 Articles
Grand Rapids Icing store to close after bankruptcy, court docs say
(NEXSTAR) — More than a dozen Claire's stores, as well as a few Icing locations, are set to close in the coming weeks after the former filed for bankruptcy. Illinois-based Claire's, which also operates Icing, announced Wednesday that it was voluntarily beginning Chapter 11 bankruptcy proceedings "to maximize the value of its business." "This decision is difficult, but a necessary one," Chris Cramer, CEO of Claire's, said in a press release, citi…
Star-Herald
Claire's again files for Chapter 11
NEW YORK — Mall-based teen accessories retailer Claire's, known for helping to usher millions of teens into an important rite of passage — ear piercing — but now struggling with a big debt load and changing consumer tastes, filed for…
Claire’s files for bankruptcy for second time as trade tariffs and falling demand weigh on accessories chain - The chain’s story is a tale of fashion, memory and the cost of nostalgia
Mall staple aimed at teens and tweens files for bankruptcy a 2nd time
Claire’s, the jewelry and accessories retailer catered primarily toward tween and teen girls and a staple in shopping malls nationwide, has filed for Chapter 11 bankruptcy for a second time.
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