Claire's has filed for bankruptcy for the second time in seven years as two locations in Michigan are set to close with clearance sales concluding no later than Sep. 7, according to court filings from the company and reporting from USA Today.

The ear piercings and teen fashion accessories store based in Hoffman Estates, Illinois, near Chicago, has continued to struggle since a 2018 bankruptcy filing, reports show.

"This decision is difficult, but a necessary one. Increased competition, consumer spending trends and the ongoing shift away from brick-and-mortar retail, in combination with our current debt obligations and macroeconomic factors, necessitate this course of action for Claire's and its stakeholders," Claire's CEO Chris Cramer said in the news release . "We remain in activ

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