Claire's Stores has become the latest retailer to go under as ever fewer people go to brick-and-mortar locations and more people shop online.
However, in court filings and a company release today, Claire's sought to distinguish itself from peers that have taken the bankruptcy route, stating that it is "utilizing the Chapter 11 process to effectuate a balance sheet - not an operational - restructuring".
The company does not expect the restructuring to affect its stores and operations in the United Kingdom and across Europe.
"Its plan to survive rests on its reputation for trendy merchandise and a unique service that it says can't be replicated by shopping online: ear piercing", reported Bloomberg News.
The fate of its 7,500 North American stores, including three in McAllen, and one each in Harlingen, Brownsville and Mercedes, isn't yet known.
Canada has its best Paralympic Winter Games ever
Arendz won his medal by 10.8 seconds over Ihor Reptyukh of the Ukraine, who finished in fourth place with a time of 24:37.9. Adam Hall has won gold in the men's slalom on Saturday, his second medal at the Paralympics this week.
He said the costs of servicing that debt has "impacted the Debtors' ability to refresh store locations, drive product and growth initiatives, and further enhance their customer experience". In 1978, it kicked off its signature ear-piercing business; in its filing, the company boasted its punched holes in 100,000,000 ears. And the firm said that mall traffic declined 8 percent in the past year.
Claire's Stores Inc., a fashion accessories chain, has filed for bankruptcy. The company also had too much debt, costing it $183 million a year alone in interest payments, he said.
The Ad Hoc Group of First Lien Creditors has agreed to provide Claire's with $575 million of new capital if it completes its Restructuring Support Agreement.
Claire's filed for Chapter 11 protection Monday morning.
They suspended the chief of a polling station near Moscow where a ballot stuffing incident was reported and sealed the ballot box. Putin's victory will extend his total time in office to almost a quarter of a century, until 2024, by which time he will be 71.
Wang retired from the Politburo of the Communist Party a year ago at the party's customary retirement age of 68. Like Xi's re-election, Wang's appointment was no surprise as he enjoys the President's patronage.
Even if Sexton does depart for the NBA Draft, Alabama will return a roster capable of reaching the NCAA Tournament next season. Yes, Sexton will be gone, but that doesn't seem like such a bad thing after watching him against a truly special team.
So we've got a little bit to do. "I've seen a lot of college teams play and I might be biased, but I think we have the most fun". Marshall scored 47 points in the second half, overcoming an opponent that was bigger and deeper but unable to keep up.
Deputy Scot Peterson can be seen with an unidentified school employee outside a room in the first moments of the massacre. This content is published through a licensing agreement with Acquire Media using its NewsEdge technology.
The Jayhawks had been in position to cover for most of the final few minutes until Seton Hall hit a number of three-pointers. The victor of the KU-Seton Hall game advances to the regional semifinal (Sweet 16) next Friday (March 23) in Omaha, Neb.
Twice Ireland stopped England's lineout driving maul illegally and on the second occasion, Peter O'Mahony was yellow-carded. England boss Jones had warm words for Ireland "They're a good, tough team, well coached, very well disciplined".
The Environmental Protection Agency deployed an on-site co-ordinator to help monitor air emissions, spokesman David Gray said. Witnesses described what sounded like a "big kaboom" on Thursday morning, NBC Dallas-Forth Worth reported.
The Big East is off to a promising start in this tournament and I think Providence pulls off the upset in this one today. The Aggies will move on to face the victor of another first-round game between North Carolina and Lipscomb on Sunday.
The mural appeared on Thursday, a few days after another sign of the elusive artist's presence in NY was spotted on 14th Street. She shared her picture on social media, for which she was then arrested and sentenced to almost three years in prison.
Officials with the National Transportation Safety Board were on the scene early on Friday to investigate why it collapsed. Several people were killed, according to NBC 6 South Florida, citing the Florida Highway Patrol.
Mueller Investigation Crossed President Trump's 'Red Line'
Trump cannot directly fire Mueller, who can only be dismissed for cause. "They want him to be able to finish the investigation". Trump said during a morning tweet storm. 'I don't like the way it happened, ' Rubio said Sunday on Meet the Press .
Black Panther continues reign over North American box office
And it's likely to eventually pass Jurassic World at $652.3 million for fourth place and Titanic at $659 million for third place. It's been five weeks since Black Panther's box-office premiere, and the film still holds its place at the top of local charts.
Butler rides defense to survive hard-charging Arkansas
Macon, who scored eight points in the run to help Arkansas take its only lead of the game, said the rally took a physical toll. This is a team that has put 19-0 runs on opponents twice this season and dropped a 16-0 tear on the Bulldogs Friday.
Texans sign ex-Cardinals DB Mathieu
Mathieu played in every game last season for the first time in his career and led the league in defensive snaps played. The Texans , assuming quarterback Deshaun Watson is healthy again after tearing his ACL, have a chance to be good.
Nerve agent planted in luggage of Russian agent's daughter
Peskov on Thursday said Russian President Vladimir Putin would ultimately choose the option that " most suits Moscow's interests". Cops found Sergei Skripal, 66, and daughter Yulia, 33, slumped on a bench in Salisbury one week after she returned from Moscow.
Queen Elizabeth gives Harry and Meghan official blessing
And while the Royals don't tend to use surnames (after all, how many Prince Harrys do you know?), his is Mountbatten-Windsor. But based on documents available on the Privy Council website, the consent declaration language is fairly typical.
Tom Crean Finalizing Deal To Be Georgia Head Coach
According to Seth Emerson of DawgNation.com, Georgia contacted former IN coach Tom Crean on Wednesday to discuss the position. The Dawgs were reportedly close to hiring former Ohio State coach Thad Matta this week before talks broke off.
Broadcom drops Qualcomm acquisition bid after Trump block
On Monday, President Donald Trump signed an order that halted what would have been the largest technology acquisition in history. The U.S. authorities also recently blocked a proposal by Alibaba's Ant Financial to acquire the money transfer firm Moneygram.
Audi to launch Tesla rivalling e-tron GT
That means that while Audi Sport's e-tron GT might share the Mission E platform, it could use different drivetrain components. With more than 20 new launches in 2018, Audi plans to manage what it's calling the "biggest model initiative in its history".