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The Independent UK
The Independent UK
Erin Keller

Jewelry outlet and mall favorite Claire’s files for bankruptcy. Here’s what it means for stores

Claire’s, the longtime tween mall‑based retailer known for trendy jewelry and an ear‑piercing station, has filed for Chapter 11 bankruptcy protection for the second time in seven years.

The company, headquartered in Hoffman Estates, Illinois, operates about 2,750 stores across 17 countries, including around 190 North American stores under its Icing brand. It listed both its assets and liabilities in the $1 billion to $10 billion range in its Delaware filing.

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