Charming Charlie Will Close All Stores in Chapter 11 Bankruptcy
Charming Charlie is set to close all 261 of their stores after filing for Chapter 11 bankruptcy.
Oh no! That store is so cool.
The store that is most popular for their accessories and costume jewelry announced yesterday, Thursday July 11th, that they will be filing for bankruptcy.
This will be the second time the retailer has filed for Chapter 11 bankruptcy.
The first time Charming Charlie filed for bankruptcy they closed 100 stores.
Unfortunately the retailer was not able to bounce back financially after numerous efforts since April 2018 which lead to their second bankruptcy case.
This time they have no choice but to close all of their remaining 261 stores.
By the way, the sales have begun my friends.
If you're a fan of the store, I recommend heading over ASAP (like I will be doing after work) and taking advantage of the discounts because the retailer is planning on shutting down all stores by August 31st.