COLUMBUS (WCMH) — Claire’s Stores Inc. plans to file for bankruptcy, NBC News reports.
The fashion accessories chain is in about $2 billion in debt, according to a report from Bloomberg.
NBC reports Claire’s isn’t closing stores yet.
Claire’s, like other retailers, has struggled to compete with online shopping.
The chain’s image was also damaged after a woman found asbestos in her daughter’s makeup from a Rhode Island store.