What to know as once popular teens and tweens retailer prepares to close stores during bankruptcy

Some Claire's, Icing stores set to close after bankruptcy filing: court docs

(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…

El Paso stores not on list for teen retailer Claire's to close

EL PASO, Texas (KTSM) -- For more than 50 years, Claire's has been a popular mall-based destination for teens and tweens known for its accessories and ear-piercing services. The company, however, has had some rocky financial times in recent years. This summer, the company has filed for bankruptcy for the second time since 2018. Under the latest filing, Claire's, which also operates the ICING brand, plans to initially close 18 stores, according t…

What to know as once popular teens and tweens retailer prepares to close stores during bankruptcy

Once a staple of shopping malls across the U.S., teens and tweens retailer Claire’s announced this week it is filing for Chapter 11 bankruptcy protection. The once thriving retailer has faced numerous challenges in recent years caused in part by growing competition and a decrease in mall traffic nationwide.