Claire’s Stores File for Bankruptcy
Claire's, the go-to jewelry and accessory store targeted to girls, tweens and young women has filed for Chapter 11 bankruptcy protection. Claire's has several locations in Davenport and one in Moline.
According to a NY Times article, the store found most often in malls filed for Chapter 11 hoping to rid itself of almost $2 billion in debt in hopes of staying afloat.
This news comes just after Toys R Us announced it will close all its stores after unsuccessful attempts to restructure.
92 stores are set to close in March and April. We'll keep you up to date if the Quad Cities stores are included.