Charming Charlie In Davenport Set To Close In August
According to CBS news, popular accessories chain Charming Charlie is planning to close all 261 of its store locations in August after filing for bankruptcy for the second time.
The store announced Thursday that they were ending online sales and expect to close every location by the end of next month.
"Privately-held Charming Charlie, which had stores and operations in 38 states, shuttered about 100 stores during its prior bout in Chapter 11 bankruptcy, which began in December 2017 and lasted until April 2018. That effort at restructuring its operations and debt "were simply not sufficient to stabilize the debtors' businesses and ensure long-term profitability," according to its latest bankruptcy filing."
Charming Charlie has two Iowa stores in Des Moines and Davenport. The Davenport store is located in Elmore Marketplace.
3,300 employees nationwide are expected to lose their jobs following the closing.