Mall jewelry chain Claire's has filed for bankruptcy for the second time in seven years.

The majority of Claire's locations in the U.S. and the rest of North America will remain open as the company "continues to explore all strategic alternatives," according to a news release issued Wednesday, Aug. 6, by parent company Claire's Holdings LLC and Claire's U.S., which operates Claire's and Icing stores in the U.S.

Claire's, which is based in Hoffman Estates, Illinois, near Chicago, has continued to struggle since a March 2018 bankruptcy filing . The rise of ultra-popular fast fashion websites Shein and Temu had cut into sales for the jewelry store chain, which has 1,326 company-operated stores in the U.S. Other detrimental factors: rising interest rates, inflation and tarif

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