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I went shopping at Claire's and saw one major reason the retail chain and '90s mall icon faces bankruptcy

By Business Insider   |   1 month ago
I went shopping at Claire's and saw one major reason the retail chain and '90s mall icon faces bankruptcy

Claire's, known for affordable jewelry and accessories, filed for Chapter 11 bankruptcy due to declining mall culture and changing consumer preferences. The retailer is selling its North American business to a private equity firm and closing numerous stores as part of the restructuring.

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