E-CommercefromFortune1 week agoClaire's, your mall's teen-ear-piercing destination, files for bankruptcy with assets and liabilities between $1 billion and $10 billionClaire's has filed for Chapter 11 bankruptcy due to a high debt load and shifting consumer preferences toward online shopping.
Startup companiesfromFast Company3 months agoForever 21 closing stores this week: Update on list of doomed locations as 'sale termination date' passesRetail chains are facing tough times, with major bankruptcies leading to store closures.Forever 21, under F21 OpCo, is likely to close all U.S. stores due to bankruptcy.