Is Claire’s Stores Our Next Bankruptcy Candidate?
Teen focused jewelry and fashion accessory retailer Claire’s Stores has more than 2,800 stores in Europe and the U.S. It was the “beneficiary” of a leveraged buyout (LBO) back in the giddy days of 2007. The debt it acquired in that process, along with the over retailed, soft economy, online selling environment has pushed it […]
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