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Claire’s Bankruptcy Forces 290 of U.S. Stores to Close

Claire’s Bankruptcy Forces 290 of U.S. Stores to Close
Claire’s Bankruptcy Forces 290 of U.S. Stores to Close (Photo: KTLA 5/YouTube)

Claire’s, the beloved ’90s mall store known for glittery accessories and cheap piercings, is facing a major shake-up. The chain plans to close nearly 300 locations across the United States as part of its Chapter 11 bankruptcy proceedings. The news has left fans nostalgic and emotional. Many remember Claire’s as the go-to destination for friendship bracelets, butterfly clips, and ear piercings. For millions of millennials, it symbolized the joy and excitement of growing up.

A Nostalgic Icon Struggles to Survive

Claire’s was a staple of mall culture during the ’90s and early 2000s. The stores thrived on affordable fashion for tweens and teens. Items like claw clips with “Whatever!” and “As if!” printed on them became cultural touchstones. Glittery earrings and rings lined the shelves, and kids eagerly spent their tooth-fairy money on trinkets. But the rise of online shopping and fast fashion retailers like Shein eroded Claire’s dominance. Fewer people visit malls today, and supply chain issues added pressure. This is the chain’s second bankruptcy filing in less than ten years.

Details of the Store Closures

The closures will hit 291 stores, including 56 Icing locations, Claire’s sister brand. In New York State alone, 18 stores will close. These include Manhattan, Brooklyn, Queens, and The Bronx. The closures will roll out gradually over the coming months. Many locations will host clearance sales, giving shoppers a chance to grab last-minute favorites. Fans are encouraged to stock up on classic items like friendship bracelets, toe rings, and hair clips while they can.

Public Reaction: Emotions Run High

The news sparked strong reactions online. Many people shared personal stories of growing up with Claire’s. “My 9-year-old daughter cried last week when we learned Claire’s was closing,” one parent wrote on Instagram. Another added, “It was a store that made me feel cool, even if I wasn’t.” Writers like Ellen Cushing at The Atlantic called Claire’s “a temple to girlhood,” celebrating its role in shaping childhood memories.

Not everyone shared the same sentiment. Some critics called the store “tacky” and dismissed its products as low-quality. One commenter noted, “Claire’s prices are too high and the quality is too low.” Others pointed out that today’s children prefer online shopping or premium stores like Sephora.

A Buyer Steps In

Despite the closures, Claire’s may have a future. Private equity firm Ames Watson offered $140 million to acquire the chain’s North American operations. Pending court approval, the deal will preserve a large portion of Claire’s retail footprint. The company currently operates about 1,326 stores in the U.S., and Ames Watson plans to keep most of them open.

The Road Ahead

Ames Watson aims to revitalize Claire’s while respecting its legacy. The firm wants to focus on creativity, self-expression, and affordable fashion for young shoppers. The acquisition also includes Claire’s intellectual property, which could open doors for new product lines and brand collaborations.

The closures mark the end of an era for many, but the brand’s survival under new ownership offers hope. Whether Claire’s can reclaim its magic and adapt to modern shopping habits remains uncertain. For now, loyal shoppers have a limited window to visit their favorite stores and relive childhood memories before the doors close for good

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Claire’s Bankruptcy Forces 290 of U.S. Stores to Close