Published 13 days ago • loading... • Updated 11 days ago

Huge Chain with 280 Branches Claire's Could Close Third of Stores

Claire's, a retailer with about 280 UK stores, is considering closing a third of these locations amid restructuring talks in 2025.
The company faces economic pressures including inflation and labour shortages, alongside a looming £355 million loan repayment due by end 2025.
Claire's is working with advisors to find a buyer for its UK operations while also exploring bankruptcy protection in the US parent company.
A retail specialist warned that up to one-third of UK stores might need to shut down in order to help preserve the remaining outlets, putting numerous jobs at risk.
This potential sale or restructuring reflects broader challenges on UK high streets and could lead to significant store closures and job losses.

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26 Articles

manchesterworld.uk

+10 Reposted by 10 other sources

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Claire’s Accessories UK: high street ear piercing chain at risk of closing 90 UK stores

Hundreds of jobs could be on the line as the tween favourite scrambles to stay afloat 💔

11 days ago

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Falkirk Herald

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Claire’s Accessories UK: high street ear piercing chain at risk of closing over 280 UK stores

Hundreds of jobs could be on the line as the tween favourite scrambles to stay afloat 💔

11 days ago·Falkirk, United Kingdom

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Metro News

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Up to 280 locations of popular store chain are facing closure amid bankruptcy

The popular jewelry and accessories store has faced losses of £25 million over the last three years.

12 days ago·London, United Kingdom

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Plymouth Herald

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Wales Online

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Huge chain with 280 branches Claire's could close third of stores

The company has appointed advisers

12 days ago·Plymouth, United Kingdom

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The Sun

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Iconic high street chain could axe a THIRD of its 281 shops as future at risk

AN iconic high street retailer with 281 shops could face "significant" store closures amid mounting financial troubles, according to new reports.The p

12 days ago·United Kingdom

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Sky News UK

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khbrknews

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Fashion chain Claire's shops around for buyer of UK arm

Claire's Stores has hired Interpath Advisory to advise on sale and restructuring options for its UK arm, with significant numbers of shop closures on the cards, Sky News learns.

12 days ago·United Kingdom

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