- Claire's, a popular jewelry and accessory store, plans to file for bankruptcy, Bloomberg reports.
- The retailer is $2 billion in debt and will have a new owner in the coming months.
- At this point, it's unclear if the retailer will shut down stores in the near future.
- People aren't taking the news of the store's bankruptcy well.
- They're sharing their nostalgic sadness online.
It's a dark day for millennials and mall rats of the early 2000s. On Thursday, Bloomberg reported that Claire's, a jewelry store known for its ear-piercing services, plans to file for bankruptcy in the coming weeks.
Claire's Stores Inc. is reportedly in $2 billion debt and will be getting a new owner in the coming months, according to Bloomberg. At this time it's unclear if the retailer's new owner will close down stores in the near future. In a previous effort to mitigate its debt, Claire's closed over 150 stores in 2016, according to the Washington Post.
Still, people aren't taking the news of the store's bankruptcy well. People are sharing their nostalgic sadness online.
Awwwww I bought my make up bag from Claire’s. Damn the store is all purple and glittery... I basically loved it. WHY? WHY WOULD IT SHUT DOWN? 🙍🏻💔 https://t.co/is64dWu3ZM
— Nikitaa Gandhir (@Q7Niki) March 9, 2018
soon there won't be anywhere for the nation's grandmothers to take their angsty granddaughters to have their cartilage pierced without mom finding out! :(
— Taylor Hodgkins (@queen_elvis) March 9, 2018
seriously though, I loved Claire's. It gave me my first sense of self expression! https://t.co/43Jeh2hdTt
"Soon there won't be anywhere for the nation's grandmothers to take their angsty granddaughters to have their cartilage pierced without mom finding out," freelance writer Taylor Hodgkins wrote. "Seriously though, I loved Claire's. It gave me my first sense of self expression!"
First Icing, and now Claire's. Now where will people go to get ear piercings from people who have no business doing them?
— Robin Sparkles (@_robin_sparkles) March 9, 2018
Not Claire's! I got my ears pierced there when I was 12, and I lived for their 5/$5 plastic earrings. It's amazing that I have any ears left, actually . . . https://t.co/fRVufYTuO7
— Megan Campbell (@EmbracetheHag) March 9, 2018
I'm frankly shook that @claires is filing for bankruptcy
— Zachary Kussin (@zacharykussin) March 9, 2018
"I'm frankly shook that @Claire's is filing for bankruptcy," New York Post reporter Zachary Kussin tweeted.
Wow.
— Jaliyah (@jaliyahdrenise) March 9, 2018
Two days ago, I had conversation about how I was surprised Claire’s was still open...
I’m sorry y’all, but I think I closed the Claire’s down with my words. https://t.co/C07IK2dNHS
I got my cartilage pierced at Claire's when I was 23 and got carded by a 17-year-old. Rest in peace. https://t.co/aM1KsBE4iP
— Meera Jagannathan (@meerajag) March 9, 2018
"I got my cartilage pierced at Claire's when I was 23 and got carded by a 17-year-old. Rest in peace," Dow Jones reporter Meera Jagannathan said.
Claire's file for bankruptcy?! No! That's where I got my ears pierced in middle school. https://t.co/XL0wENMVvf
— Dana Wessel (@DanaWessel) March 9, 2018
The reason my second hole is lopsided. Thank you, Claire's. RIP. https://t.co/5s0Fk7pYkG
— Sarah Kobos (@skobos) March 9, 2018
"The reason my second hole is lopsided. Thank you, Claire's. RIP," BuzzFeed's Sarah Kobos wrote.
It's worth repeating that Claire's stores are still open despite reports of bankruptcy and don't have immediate plans to close, which will give anxious shoppers plenty of time to get one last piercing or pick up one last pair of spiky, neon earrings for nostalgia's sake.
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