BRIEF: Claire's to close store in McKinley Mall

Buffalo News |

--Claire's, the teen jewelery chain that filed for bankruptcy protection on Monday, plans to close its store in the McKinley Mall in Hamburg as it tries to restructure its nearly $1.9 billion debt.

The McKinley Mall store is one of 92 stores -- and three in New York -- that Claire's plans to close the underperforming stores in March and April.

The retailer, which closed 166 stores in 2016, has been hit hard by declining foot traffic at shopping malls, where most of its stores are located. Claire's said that its 7,5000 remaining stores will stay open during the bankruptcy process.


(c)2018 The Buffalo News (Buffalo, N.Y.)

Visit The Buffalo News (Buffalo, N.Y.) at

Distributed by Tribune Content Agency, LLC.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:



Symbol Last Price Change % Change






INTERVIEW: CEO Steve Stanulis - Stanulis Films's Sam Mitchell interviewing CEO Steve Stanulis of Stanulis Films.