Market Common jewelry and accessory store closing after company files for bankruptcy

Reports Charming Charlie closing all 261 stores after filing bankruptcy

Reports Charming Charlie closing all 261 stores after filing bankruptcy Source Charming Charlie Facebook

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

According to bankruptcy filings made Thursday in DE, more than 3,000 employees nationwide will lose their jobs when Charming Charlie closes in about two months.

Another retailer is going bust: Charming Charlie Holdings plans to close its remaining 261 stores after filing for bankruptcy protection for the second time in as many years.

The Charming Charlie website's homepage is now unable to take orders. The company employs more than 3,300 people, including 856 full-time employees, Chief Financial Officer Alvaro E. Bellon said in a court declaration.

Currently, Charming Charlie has locations in Fort Worth, Hurst, Arlington and Southlake.

The Acadiana Mall will be losing another store.

The Houston Chronicle reported that court filings showed Charming Charlie has debts of about $81.8 million and cash on hand of about $6,000.

Other retailers have suffered similar fates in the current retail climate.

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