Claire's Fashion Jewelry and Accessories stores have filed for voluntary Chapter 11 bankruptcy . Here's what that means for New York customers.

Claire's currently has 50 store locations in New York State, including Capital Region stores at Wilton Mall in Saratoga Springs as well as Colonie Center Mall and Crossgates Mall in Albany. As of now these stores remain open for business.

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According to a press release , Claire's Holdings LLC and certain of its U.S. and Gibraltar-based subsidiaries (collectively "Claire's U.S."), the operator of Claire's and ICING stores across the United States, today announced that it has commenced voluntary Chapter 11 proceedings.

This decision was made in an attempt to maximize the value of its business. Claire's will now be able t

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