Claire's, a mall staple that attracts pre-teens for its bargain jewelry and accessories, has filed for its second bankruptcy in less than a decade.

The retailer, which filed for Chapter 11 bankruptcy protection in a federal court in Delaware Wednesday, has been dealing with several problems in recent years including competition from online rivals, mounting debt and the uncertainty from tariffs.

Like other retailers, Claire's is heavily dependent on importing its cheap goods from China, Cambodia and other Asian countries, which the Trump administration has hit hard with a patchwork of tariffs and other aggressive trade policies.

Claire's has a $496 million loan due in December 2026 and it has stopped paying both interest rent payments on unprofitable stores, according to Debtwire.

The c

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