Monday, December 4, 2017

Charming Charlie to close some stores amid rumors it will file for bankruptcy

The formerly high-flying Charming Charlie has come back down to earth.

The jewelry and accessories retailer announced it plans to shutter a number of underperforming stores along with its Los Angeles office, and also reduce headcount at its Houston headquarters and distribution center as part of an effort to simply business operations, improve liquidity and focus on its core strengths. The moves comes amid rumors that the chain is preparing to file for bankruptcy in the near future.. . . more

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