Claire’s
Claire’s
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Lots of women have fond memories of Claire’s. It was their go-to place in any mall for girls’ jewelry and accessories. They would even get their ears pierced there for the first time. However, this store was first established in 1961, but it doesn’t seem like it will be part of the future young girls’ memory any longer. By May 2018, it had shut down 130 stores.
Eddie Bauer
Eddie Bauer
This outdoor company had some problems with debt. Back in 2017, Golden State Capital, the company’s owners, was considering selling the company in order to solve their financial problems. That same year, their credit ranking was downgraded by S&P Global. However, this challenge was not new since the company came back from bankruptcy in 2009.