Jewelry store chain is closing 3 Sacramento-area locations. Find out where
Struggling jewelry store chain Claire’s is closing hundreds of stores after filing for Chapter 11 bankruptcy for the second time.
That includes three stores in the Sacramento area.
“Increased competition, consumer spending trends and the ongoing shift away from brick-and-mortar retail, in combination with our current debt obligations and macroeconomic factors, necessitate this course of action for Claire’s and its stakeholders,” CEO Chris Cramer said in a statement.
Here’s what to know:
What is Claire’s?
An American mall staple since the 1970s, Claire’s describes itself as a “global brand powerhouse for self-expression, creating exclusive, curated and fun fashionable jewelry and accessories” for girls and young woman.
It also offers “world-leading piercing services,” Claire’s said on its corporate website.
The Illinois-headquartered company operates under two brand names: Claire’s and Icing.
Claire’s has more than 2,750 stores worldwide with stores in 17 countries including Ireland and Canada.
Claire’s, which peaked in popularity in the early 2000s, filed for bankruptcy in 2018 and again in August, NPR reported.
On Aug. 20, Claire’s entered into an agreement with private holding company Ames Watson to purchase Claire’s business operations in North America, the company said in a news release.
“As we continue through our restructuring proceedings, our team has worked tirelessly to explore every option for preserving the value of the Claire’s business and brand,” Cramer said in the release.
“We are pleased to have the opportunity to partner with Claire’s and support the next chapter for this iconic brand,” Lawrence Berger, co-founder of Ames Watson, said in the release. “Claire’s has built a powerful emotional connection with generations of consumers through its focus on self-expression, creativity, and accessible fashion.”
Where are locations closing in Sacramento area?
Claire’s is closing more than 290 stores — including 235 Claire’s locations in the United States — as part of its bankruptcy process, USA Today reported.
However, a total of 830 Claire’s and Icing stores are “not expected to close immediately,” according to USA Today.
According to the bankruptcy filing, the following Sacramento-area stores are slated to close:
- Sunrise Mall, 6076 Sunrise Mall in Citrus Heights
- Rancho Cordova Town Center, 10905 Olson Drive in Rancho Cordova
- Natomas Marketplace, 3681 Truxel Road in Sacramento
When will local stores close?
As of Tuesday, Sept. 2, Claire’s had yet to announce a closing date for its store in Citrus Heights, Rancho Cordova and Sacramento.
Where are Claire’s location open in Sacramento region?
Five Claire’s stores in the Sacramento area were labeled as “non-closing” in court documents, according to the Sacramento Business Journal.
Where’s where to find them:
- Arden Fair, 1689 Arden Way, Suite 2184A, Arden-Arcade
- Palladio at Broadstone, 330 Paladio Parkway, Suite 2053, Folsom
- Folsom Premium Outlets, 13000 Folsom Blvd., Suite 1225, Folsom
- Westfield Galleria, 1151 Galleria Blvd. Suite 2057, Roseville
- Laguna Gateway, 9170 West Stockton Blvd., Elk Grove
