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Claire's Closing Seven MD Stores, 290+ Nationwide After Bankruptcy Filing: See Which Ones Claire's Closing Seven MD Stores, 290+ Nationwide After Bankruptcy Filing: See Which Ones
Claire's Closing Seven MD Stores, 290+ Nationwide After Bankruptcy Filing: See Which Ones Claire's has revealed nearly 300 of its stores that will be closing as the popular mall brand navigates bankruptcy. The well-known children's jewelry and ear-piercing retailer released a list of the 291 locations that are shuttering in a bankruptcy court filing on Monday, Aug. 25. That includes 71 Claire's and Icing stores across the Northeast. The closures add to the financial pressure facing the mall chain, which filed for bankruptcy earlier in August. Claire's is working to restructure nearly $500 million in debt by December 2026, Bloomberg reported. Columbia, Maryland-based Ames W…

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by Chris Spiker
Business
Noodles & Company Planning To Close About 20 Restaurants Noodles & Company Planning To Close About 20 Restaurants
Noodles & Company Planning To Close About 20 Restaurants A popular restaurant chain specializing in noodle-based dishes could close more than 20 locations. Noodles & Company plans to shut down as many as 21 restaurants in 2025, the fast-casual chain said in its first-quarter financial report on Wednesday, May 7. There are 13 to 17 company-owned restaurants expected to be shuttered, along with four franchised locations. The chain hasn't said which locations could close. The closings come as Noodles & Company reported a 4.4% increase in sales during the first three months of 2025. The chain rolled out a new menu in March, fe…

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by Chris Spiker
Business
Joann Going Out of Business After 80+ Years, Closing All Stores Following Bankruptcy Auction Joann Going Out of Business After 80+ Years, Closing All Stores Following Bankruptcy Auction
Joann Going Out of Business After 80+ Years, Closing All Stores Following Bankruptcy Auction Joann will shut down all of its 800 locations, ending more than 80 years of selling fabrics and craft supplies. Joann announced the winning bidders at a bankruptcy auction plan to begin going-out-of-business sales at every store, the company said. At its height, the crafts chain had about 850 stores in every state but Hawaii. Financial services company GA Group, in partnership with the prepetition term loan agent, acquired Joann's assets at the auction. "Joann leadership, our board, advisors and legal partners made every possible effort to pursue a more favorable outcome that wou…

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by Chris Spiker