Claire's is seeking "strategic alternatives" through Chapter 11 bankruptcy and is planning to close 18 U.S. stores as it navigates economic pressures.

Claire’s, a mall staple that attracts pre-teens for its bargain jewelry and accessories, has filed for its second bankruptcy in less than a decade.

The glitter has dimmed at Claire's. The iconic mall store, a haven of first piercings and jewelry for teens, has filed for bankruptcy again. This time, however, the sparkle might be gone for good.