Claire's, jewelry store chain for teens, closing 290 locations amid bankruptcy
Accessories retailer Claire's just revealed a list of hundreds of stores it will close as part of its Chapter 11 bankruptcy proceedings.
In a court filing this week, the Hoffman Estates-based jewelry retailer listed more than 290 stores it plans to close, including six stores in the Chicago area – three within city limits.
The stores are expected to close on a rolling basis.
The company announced last week it sold its North American business to a private equity firm for more than $100 million.
The firm said it planned to preserve the chain in a downsized form.
