August 9, 2025 - 00:59
Claire's history dates back to 1961, when it first opened its doors as a small accessory shop. Over the decades, it transformed into a prominent mall staple, particularly during the 1990s, when it became synonymous with ear piercings and trendy jewelry for young girls. By piercing over 110 million ears, Claire's established itself as a go-to destination for youth fashion and self-expression.
However, the retailer has faced significant challenges in recent years. The rise of online shopping and changing consumer preferences have contributed to a decline in foot traffic to malls, severely impacting Claire's sales. As a result, the company has announced multiple store closures across the United States, signaling a troubling trend for the once-beloved brand.
Despite attempts to revitalize its image and adapt to the digital age, Claire's has struggled to regain its former glory. The combination of financial hardships and increased competition has led to two bankruptcies, marking a dramatic fall for a retailer that once thrived in the heart of shopping malls.
May 26, 2026 - 00:41
Little Big Business Marketplace spotlights ambitious student-led businessesMay is recognized as Small Business Month, but a local event is putting the spotlight on the region`s youngest entrepreneurs who are already thinking big. The upcoming Little Big Business...
May 25, 2026 - 08:53
Can Exxon build the world’s biggest carbon capture business?ExxonMobil is pushing forward with an ambitious plan to build what could become the world`s largest carbon capture and storage business. The oil giant has committed billions of dollars to the...
May 24, 2026 - 23:10
Business Notes: Grand Furniture donates 50 beds to kids; Deep Creek Bridge project reaches milestoneHampton Roads businesses are making headlines this week with acts of community support and major construction progress. Grand Furniture has donated 50 beds to children in need across the region,...
May 24, 2026 - 04:08
Business Briefcase: New St. Luke’s college inaugural class opensBETHLEHEM - St. Luke`s University Health Network marked a significant milestone on May 18 with the official opening of St. Luke`s College of Health Sciences. The new institution operates on the...