Claire’s Becomes The Latest Retailer To Go Bankrupt – May Close Sunrise Mall Store

Looks like the Claire’s store in Sunrise Mall is on the chopping block.

By Pacey on March 19, 2018
(Photo by Brendan Hoffman/Getty Images)

Claire’s was the big thing in the mall for teen girls, but maybe not for much longer. The retail Icon just announced it’s the latest in a long line of retailer to file for bankruptcy protection.

Claire’s is know for being the store at the mall as the place to go for inexpensive jewelry, makeup – and if you were one of the lucky ones – to get your ears pierced.  The iconic store entered into chapter 11 as it struggles to reduce billions of dollars of debt, although the chain was profitable in 2017, according to USA Today.

According to retail bankruptcy reporter Mitch Nolen, the company plans to close 92 stores, including one in the Sacramento area. The Claire’s store at Sunrise Mall in Citrus Heights appears to be on the chopping block.

 

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