{"id":118522,"date":"2018-03-12T02:00:52","date_gmt":"2018-03-12T09:00:52","guid":{"rendered":"https:\/\/fabfitfun.com\/magazine\/?p=118522"},"modified":"2018-03-13T14:18:27","modified_gmt":"2018-03-13T21:18:27","slug":"claires-file-for-bankruptcy","status":"publish","type":"post","link":"https:\/\/fabfitfun.com\/magazine\/claires-file-for-bankruptcy\/","title":{"rendered":"Claire&#8217;s Is About to File for Bankruptcy"},"content":{"rendered":"<p>With mall attendance at an all-time low, a wave of retailers has been <a href=\"https:\/\/fabfitfun.com\/magazine\/jcrew-closing-stores\/\" target=\"_blank\" rel=\"noopener\">closing its doors<\/a>\u00a0&#8212; and accessories chain <a href=\"http:\/\/www.refinery29.com\/2018\/03\/193146\/claires-bankruptcy-filing-twitter-reactions\" target=\"_blank\" rel=\"noopener\">Claire&#8217;s<\/a> is about to be added to that list.<\/p>\n<p>With its heavy reliance on mall attendance, the once go-to store for free piercings hit $2 billion in debt and is preparing to file for bankruptcy. But that doesn&#8217;t mean we have to bid farewell to Claire&#8217;s quite yet.<\/p>\n<div style=\"text-align: center;\">\n<blockquote class=\"instagram-media\" data-instgrm-captioned data-instgrm-permalink=\"https:\/\/www.instagram.com\/p\/BeoarzmAmCG\/\" data-instgrm-version=\"8\" style=\" background:#FFF; border:0; border-radius:3px; box-shadow:0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width:500px; padding:0; width:99.375%; width:-webkit-calc(100% - 2px); width:calc(100% - 2px);\">\n<div style=\"padding:8px;\">\n<div style=\" background:#F8F8F8; line-height:0; margin-top:40px; padding:50.0% 0; text-align:center; width:100%;\">\n<div style=\" background:url(data:image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAACwAAAAsCAMAAAApWqozAAAABGdBTUEAALGPC\/xhBQAAAAFzUkdCAK7OHOkAAAAMUExURczMzPf399fX1+bm5mzY9AMAAADiSURBVDjLvZXbEsMgCES5\/P8\/t9FuRVCRmU73JWlzosgSIIZURCjo\/ad+EQJJB4Hv8BFt+IDpQoCx1wjOSBFhh2XssxEIYn3ulI\/6MNReE07UIWJEv8UEOWDS88LY97kqyTliJKKtuYBbruAyVh5wOHiXmpi5we58Ek028czwyuQdLKPG1Bkb4NnM+VeAnfHqn1k4+GPT6uGQcvu2h2OVuIf\/gWUFyy8OWEpdyZSa3aVCqpVoVvzZZ2VTnn2wU8qzVjDDetO90GSy9mVLqtgYSy231MxrY6I2gGqjrTY0L8fxCxfCBbhWrsYYAAAAAElFTkSuQmCC); display:block; height:44px; margin:0 auto -44px; position:relative; top:-22px; width:44px;\"><\/div>\n<\/div>\n<p style=\" margin:8px 0 0 0; padding:0 4px;\"> <a href=\"https:\/\/www.instagram.com\/p\/BeoarzmAmCG\/\" style=\" color:#000; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px; text-decoration:none; word-wrap:break-word;\" target=\"_blank\">Loving all these new hoops &amp; pearl styles! ? Which one is your favorite? Shop the link in our bio! #ItsAtClaires<\/a><\/p>\n<p style=\" color:#c9c8cd; font-family:Arial,sans-serif; font-size:14px; line-height:17px; margin-bottom:0; margin-top:8px; overflow:hidden; padding:8px 0 7px; text-align:center; text-overflow:ellipsis; white-space:nowrap;\">A post shared by <a href=\"https:\/\/www.instagram.com\/clairesstores\/\" style=\" color:#c9c8cd; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px;\" target=\"_blank\"> ClairesStores<\/a> (@clairesstores) on <time style=\" font-family:Arial,sans-serif; font-size:14px; line-height:17px;\" datetime=\"2018-01-31T23:00:52+00:00\">Jan 31, 2018 at 3:00pm PST<\/time><\/p>\n<\/div>\n<\/blockquote>\n<p> <script async defer src=\"\/\/www.instagram.com\/embed.js\"><\/script><\/p>\n<\/div>\n<p>By filing for bankruptcy, the retailer can continue to operate with new initiatives for expansion like <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-03-09\/claire-s-bankruptcy-would-accompany-a-shift-away-from-malls\" target=\"_blank\" rel=\"noopener\">partnering<\/a> with Giant Eagle supermarkets and CVS drugstores.<\/p>\n<p>How do you feel about Claire&#8217;s closing its doors? Weigh in on the comments below.<\/p>\n<p>xx, The FabFitFun Team<\/p>\n","protected":false},"excerpt":"With mall attendance at an all-time low, a wave of retailers has been closing its ...","author":1427020,"featured_media":118530,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[185],"tags":[],"thumbnail_url":"https:\/\/static.fabfitfun.com\/magazine\/wp-content\/uploads\/2018\/03\/12111453\/shutterstock_1027356292.jpg","thumbnail_url_middle_card":"https:\/\/static.fabfitfun.com\/magazine\/wp-content\/uploads\/2018\/03\/12111453\/shutterstock_1027356292-386x200.jpg","formated_date":"March 12, 2018","category_name":"News","category_icon":"https:\/\/d3vodd1ws13xud.cloudfront.net\/magazine\/wp-content\/uploads\/2017\/10\/10113842\/news.svg","author_name":"","trending":false,"sponsored":false,"random_color":"#41ead9","_links":{"self":[{"href":"https:\/\/fabfitfun.com\/magazine\/wp-json\/wp\/v2\/posts\/118522"}],"collection":[{"href":"https:\/\/fabfitfun.com\/magazine\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fabfitfun.com\/magazine\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fabfitfun.com\/magazine\/wp-json\/wp\/v2\/users\/1427020"}],"replies":[{"embeddable":true,"href":"https:\/\/fabfitfun.com\/magazine\/wp-json\/wp\/v2\/comments?post=118522"}],"version-history":[{"count":0,"href":"https:\/\/fabfitfun.com\/magazine\/wp-json\/wp\/v2\/posts\/118522\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fabfitfun.com\/magazine\/wp-json\/wp\/v2\/media\/118530"}],"wp:attachment":[{"href":"https:\/\/fabfitfun.com\/magazine\/wp-json\/wp\/v2\/media?parent=118522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fabfitfun.com\/magazine\/wp-json\/wp\/v2\/categories?post=118522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fabfitfun.com\/magazine\/wp-json\/wp\/v2\/tags?post=118522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}