Claire’s to close more than 290 stores nationwide

Claire's storefront signage display with bold purple logo on glass exterior.
Closing FILE PHOTO: More than 290 Claire's and Icing locations are closing after the company filed for bankruptcy. (HelgaQ - stock.adobe.com)

The tweens and teens accessories store Claire’s is planning to close hundreds of stores across the country after filing for bankruptcy.

The company disclosed in a court filing on Aug. 25 that it will close a total of 235 Claire’s locations and another 56 Icing locations, USA Today reported.

The filing said the company had 785 Claire’s and 45 Icing locations that are not expected to close.

The company said days after it filed for bankruptcy earlier this month that it would have to close more than 1,100 locations if a buyer was not found. On Aug. 20, it announced the North American businesses were sold to private equity firm Ames Watson for $104 million.

A specific date for the store closings was not announced, but it is expected to be on a rolling basis, Fast Company reported.

Ames Watson said it intends to keep the chain in business, but with a smaller number of locations.

The four states with the most store closures are California with 25, New York with 18, Illinois with 16 and Pennsylvania, also with 16.

Click here to see the list, or see below:

It was the second time that Claire’s filed for Chapter 11 bankruptcy, Fast Company reported.

0
Comments on this article
0
On AirHits 105.3 San Antonio’s Hottest Music - San Antonio’s Hottest Music Logo

More from HITS 105.3




mobile apps

Everything you love about hits1053sanan.com and more! Tap on any of the buttons below to download our app.

amazon alexa

Enable our Skill today to listen live at home on your Alexa Devices!