Claire's, an iconic tween jewelry and accessories store, has filed for bankruptcy. The company announced that a handful of stores are closing immediately and hinted that over a thousand locations could close.

For decades, Claire's has been a staple of shopping malls for decades. It will close 1,119 stores if it can't find a buyer soon.

The mall-based teen accessories retailer Claire’s recently announced it is filing for Chapter 11 bankruptcy and identified several locations to close soon. This is the second time since 2018 that Claire’s U.