The popular mall staple Claire’s is in financial trouble, recently announcing that it would be filing for Chapter 11 bankruptcy for the second time in seven years.

Now, the troubled jewelry retailer that attracts a lot of teenagers is shutting down stores.

“This decision is difficult, but a necessary one,” Claire’s CEO Chris Cramer said in a press release , citing “increased competition, consumer spending trends and the ongoing shift away from brick-and-mortar retail,” along with “macroeconomic factors.”

The closings and bankruptcy filing come as similar retailers, such as Forever 21 and Rue21 , have gone through bankruptcy proceedings and later closed all their stores.

It is unclear at this time whether Claire’s will suffer the same fate.

However, according to court docume

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