Claire's Stores

(Newser) - Claire's, the teen mall favorite known for ear piercings and sparkly accessories, has filed for Chapter 11 bankruptcy—again. The company first fell into bankruptcy in 2018, a victim of the slow but steady exodus of shoppers from US malls as online shopping grew in popularity. Now navigating...

(Newser) - "I physically sank." That was Kristi Warner's response to news that a makeup kit used by her 6-year-old daughter tested positive for asbestos, a finding that has prompted retailer Claire's to pull at least nine products from shelves. As a lawyer at a Rhode Island law...

(Newser) - Look for a wave of retailers going bankrupt in the months ahead, reports the Wall Street Journal, as dismal holiday sales take their toll on a business sector that's weak from expanding too fast and taking on too much debt. Lenders who traditionally have supported the segment are pulling back,...