Economy

Charming Charlie closing all of its stores

Charming Charlie closed about 100 stores during a previous bankruptcy filing that ended in April 2018, USA Today reports.

Founded in 2004, Charming Charlie was known for arranging its merchandise by color, with its array including as many as 26 hues.

Amid reports that fashion retailer Charming Charlie has filed for Chapter 11 bankruptcy protection, 23ABC has learned that the location in the Market Place is set to close next month.

As of Thursday, the store's website is unable to take orders. The chain filed for bankruptcy for the second time in two years.

Charming Charlie is at 6520 N. Illinois St.in The Shoppes of St. Clair Square shopping center in Fairview Heights.

Say goodbye to another mall store.

In the filing, the company cited facing "significant headwinds given the continued decline of the brick-and-mortar retail industry".

Hilco Merchant Resources LLC and SB360 Capital Partners were handling liquidation sales, which were expected to generate about $30 million in revenue, court documents show.

The store sells products including clothing, handbags, jewelry and accessories.



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