![Claire’s, The Ear-Piercing Mall Chain, Files for Bankruptcy](http://townsquare.media/site/67/files/2018/03/Ear-Piercing.jpg?w=980&q=75)
Claire’s, The Ear-Piercing Mall Chain, Files for Bankruptcy
NEW YORK (AP) -- Claire's, the mall chain that has pierced the ears of millions of teens, has filed for Chapter 11 bankruptcy protection.
The company said Monday its stores will remain open as it restructures its debt. Claire's has a store here in St. Cloud inside the Crossroads Center.
Claire's is just the latest retailers to seek bankruptcy protection, close stores or go out of business entirely. Toys R Us announced last week that it would close or sell all its stores after filing for Chapter 11 bankruptcy protection last year.
Privately held Claire's says it expects to emerge from bankruptcy in September.
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