Claire’s To Close Over 1,100 Locations If Buyer Is Not Found
The Illinois-based company has over 1,300 stores across the U.S. and has been facing financial challenges.
A once popular jewelry chain could soon shut down if a buyer is not found.
Claire’s filed for bankruptcy for the second time earlier this month. The Illinois-based company has over 1,300 stores across the U.S. and has been facing financial challenges.
The rise of fast-fashion brands like Shein and Temu, high rent costs, and new tariffs from supplier nations, including China, have impacted the company.
Claire’s identified 18 store locations that will close by September 7 at the latest. Additional locations will be forced to shut down if it cannot complete a sale quickly. The store has been a mall staple since 1961.