KATY, Texas (Covering Katy News) – Two popular Claire’s locations serving Katy shoppers will remain open after the company’s latest bankruptcy filing, while nearby stores face mixed outcomes.
Claire’s Holdings has entered into an agreement with private holding company Ames Watson to acquire Claire’s business operations in North America, the company said in a press release. The deal has saved the Claire’s at Katy Mills, and the Claire’s at LaCenterra from permanent closure.
The popular tween accessories store filed for Chapter 11 bankruptcy protection for the second time Aug. 6, spurring liquidation sales at some of Claire’s more than 1,350 stores in the United States. Court documents showed the company owed its four largest creditors more than $14.7 million.
Good News for Katy Families
Both Katy-area Claire’s locations were initially on the closure list but have been moved to the non-closing list thanks to the acquisition agreement. The nearby Houston Premium Outlets location in Cypress has also been saved from closure, giving local shoppers multiple options for the store’s popular ear piercing services and teen accessories…