Train Wreck at Claires
Expanding the story on something from MattChat a couple days ago........
Claire’s is ‘a complete train wreck’
".......after nearly six decades in American malls, Claire’s is facing an uphill battle to stay afloat. The retailer — which says it has pierced 94 million ears, more than any other company — has reported 11 consecutive quarters of declining sales and racked up more than $2 billion in debt, prompting speculation among analysts that it could be among the next to face big trouble."
Over the course of raising 3 girls, I cannot begin to count the number of times we've shopped in Claire's.
Bought a lot of earrings, hair pretties, purses, bracelets, stuffed animals, etc. etc.
Many, many fun memories.
To think this store may be the next retailer down for the count is both surprising and frustrating.
Out for now........
Matt
