this post was submitted on 06 Aug 2025
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A staple at malls across the U.S., Claire's announced that it has initiated voluntary Chapter 11 bankruptcy proceedings as it seeks "strategic alternatives" to remain open.

There are 2,750 Claire’s stores in 17 countries throughout North America and Europe, the company says. Claire's previously filed for bankruptcy in 2018 when it had over 4,000 locations.

The company said it plans to close 18 U.S. locations, with more locations to be added to the list. Those locations include: ...

Although Claire's did not directly cite tariffs, the company did say macroeconomic factors played a role in its decision to seek bankruptcy.

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[–] expatriado@lemmy.world 44 points 1 day ago

lol last paragraph: I'm not saying it was tariffs but it was tariffs

[–] Limonene@lemmy.world 32 points 1 day ago (1 children)

Fuck'em. Claire's shipped cadmium jewelry to children, and said they had no reason to believe it was unsafe. Should've been given the corporate death sentence, but instead, I don't even think they got any criminal charges.

[–] SkunkWorkz@lemmy.world 4 points 12 hours ago

Also make-up for kids with asbestos.

[–] Arkhive@piefed.blahaj.zone 26 points 1 day ago* (last edited 1 day ago) (1 children)

NOOOOOOO!! Where am I going to get my lobotomy! Now I’ll never be like the other girls!

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[–] Trainguyrom@reddthat.com 9 points 1 day ago

Hey that's where I got my vasectomy! My wife was considering getting her historectomy there, so I'll have to tell her to get a move one before they close

[–] Reyali@lemmy.world 21 points 1 day ago (3 children)

A mall in my state has TWO Claire’s in it. It is one of the most bizarre traits of the mall, second only to the fact that to get to half of the mall you have to walk through a JC Penney.

[–] AbidanYre@lemmy.world 11 points 1 day ago

A mall in my state has TWO Claire’s in it

Probably not for much longer.

[–] AngryRobot@lemmy.world 4 points 1 day ago

That's a feature, not a bug. Penney's paid a LOT for that. We had a similar mall In my state that was, essentially, a giant long rectangle. It had a Virgin Megastore right in the middle of the mall that went all the way through to the other side andmit was the only store like that. Going through that store was the only way to get from one side to the other without walking all the way around that long-ass mall.

...Hanes Mall?

what are the fucking odds?

[–] Spacehooks@reddthat.com 15 points 20 hours ago (1 children)

What a year. like every store is closing in my area. I decided to check online which was this year looks like all these closed or plan to stores.

  • Party city
  • Express
  • Rite aid
  • Cvs
  • Rue 21
  • Family dollar
  • Joann's
  • Big lots
  • Khols
  • Jc penny
  • Maceys
[–] callouscomic@lemmy.zip 15 points 17 hours ago* (last edited 17 hours ago)

But cheeto nazi child fucker said everything is great and that's why giant gold ballroom is happening.

[–] einlander@lemmy.world 11 points 1 day ago (1 children)

Are they owned by private equity?

[–] Monument@lemmy.sdf.org 13 points 21 hours ago

They are!

Claire's was a publicly-traded company listed on the NASDAQ in 2005, but was taken private by the private equity firm Apollo Global Management in a $3.1 billion leveraged buyout in 2007.
Wikipedia

After a period of rapid (dare I say, irresponsible) expansion, they underwent their first bankruptcy in 2018 to discharge the debt from the poor management choices. Shortly after exiting bankruptcy in 2021, they claimed record earnings and announced plans for an IPO that never happened. Now they’re bankrupt again.

Oh no, wherever will middle school girls be able to try out shoplifting now?

[–] teawrecks@sopuli.xyz 2 points 14 hours ago

Oof, bet that hurts. Beauty products are famously resilient during a recession. They were probably about to do pretty well.

[–] Fredselfish@lemmy.world 1 points 1 day ago (1 children)

Shit they should just close them all. I seen these things in Walmart and there never anyone in there.

[–] womjunru@lemmy.cafe 5 points 1 day ago (1 children)

They should close where you work.

If he's American, he won't be waiting long.