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The Localisation Support Fund warns that offshore e-commerce retailers like Shein and Temu are displacing thousands of jobs ...
Mall-based teen accessories retailer Claire’s, known for helping to usher in millions of teens into an important ...
Over 34,000 clothing retail and manufacturing jobs could be displaced in South Africa by 2030 if offshore e-commerce platforms like Shein and Temu continue to gain market share.This is according to a ...
Retail data analysts say "a cocktail of problems, both internal and external," have made it impossible for Claire's to stay ...
Claire's, an accessory and ear piercing shop that was once a staple in malls, filed for Chapter 11 bankruptcy this week.
The accessories brand, which runs almost 3,000 Claire’s and Icing stores globally, has struggled to compete with online rivals as tariffs gnaw at its margins.
Claire's jewelry store chain has filed for Chapter 11 bankruptcy. The company previously filed Chapter 11 in 2018; most of its stores will stay open.
The retail landscape continues to shift with roughly 6,000 store closings announced in the first half of this year or about 123.7 million square feet of vacated retail space, ...
The chain's bankruptcy filing is the second in seven years. Its troubles include unwieldy debt, shoppers' changing habits and new tariff costs.