Mall-based accessories retailer Claire’s has filed for bankruptcy, with stores in Greenwood and Edinburgh potentially on the chopping block.
Claire’s began voluntary Chapter 11 bankruptcy proceedings Wednesday in the U.S. Bankruptcy Court for the District of Delaware. This move will allow Claire’s to potentially sell off hundreds of stores across the country, including its namesake and Icing brands.
Most Claire’s and Icing stores will stay open for now in North America, with only 18 locations slated to close by early September, according to the company’s initial filing. None of the company’s local stores — the Claire’s and Icing stores at the Greenwood Park Mall and the Claire’s at the Indiana Premium Outlets in Edinburgh — are on the initial closure list.
However, Claire’s has also ask