Claire’s to file for bankruptcy, according to report

Claires Bankruptcy_714757

COLUMBUS (WCMH) – Claire’s Stores Inc. plans to file for bankruptcy, NBC News reports.

The fashion accessories chain is in about $2 billion in debt, according to a report from Bloomberg.

NBC reports Claire’s isn’t closing stores yet.

Claire’s, like other retailers, has struggled to compete with online shopping.

The chain’s image was also damaged after a woman found asbestos in her daughter’s makeup from a Rhode Island store. 

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