Claire’s to Close Shreveport and Bossier City Locations After Bankruptcy Filing

The rumor is true, Claire's has filed for bankruptcy. With locations in Shreveport and Bossier City's struggling shopping malls both slated for closure. The bankruptcy filing is somewhat surprising, but undeniably disappointing for local shoppers.

The Financial Strain: Why Claire's is Closing Over 1,300 Stores

Claire's has now filed for a Chapter 11 bankruptcy, which gives the company a chance to restructure itself to maximize profits, which includes the closing of over 1,300 stores. The company filed for bankruptcy once before in 2018 and managed to scrape by for years after that while paying off $1.9 billion in debt. Claire's pointed to tariffs and online consumer trends as the culprits for a notable dip in revenue over the last few years.

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The filing included a list of locations to be shuttered in the coming months, including the Mall St. Vincent location in Shreveport and the Pierre Bossier Mall location in Bossier City. Bloomberg reported that Claire's has a $500 million loan due in 2026, which could be fueling the choice to shut down several stores and shave some costs.

Shreveport-Bossier Malls: The Changing Landscape Behind Claire's Exit

Shopping malls used to be packed every day, making stores like Claire's lots of money with its business model of offering free ear piercings to get feet in the door and in front of merchandise. Now that shopping malls as a whole are suffering, stores that rely on mall floor space for their business model can't compete like they used to.

It's another sad sight to see for locals who grew up walking the Mall St. Vincent and Pierre Bossier Mall, one business after another fleeing what used to be a hub for a memorable shopping experience. With Lids having recently closed their