#35: Claire’s
How Many Stores Closing: ~150
Current Value of the Business: N/A
Claire’s has announced plans to close roughly 150 underperforming stores as part of an ongoing effort to reshape its brick-and-mortar footprint. The accessories retailer has been gradually shrinking its physical presence following years of pressure from declining mall traffic and shifting consumer spending habits.

Company leadership has said the closures are focused on locations with weaker sales and unfavorable lease terms. Claire’s continues to operate primarily as a private company, with an increased emphasis on e-commerce, international franchise stores, and partnerships with major retailers to sustain the brand.
