Charming Charlie files for bankruptcy, plans to close all stores, report says

Charming Charlie files for bankruptcy, plans to close all stores, report says
M.O. Stevens via Wikimedia Commons

Charming Charlie filed for Chapter 11 bankruptcy on Thursday with plans to close all 261 stores, USA Today reports.

This is the second time the company has filed for Chapter 11 bankruptcy.

The jewely and accessories retailer currently operates in 38 states, including Washington and Oregon, and going-out-of-business sales have already started.

During its last bankruptcy, which ended in April 2018, the company closed about 100 stores.

Charming Charlie expects to close all remaining stores by Aug. 31.

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