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Claire's, the jewelry chain, filed for Chapter 11 bankruptcy and will close over 290 stores.

Twelve Claire's locations in Kentucky will be closing.

The company cited increased competition, consumer spending trends, and debt obligations as reasons for the bankruptcy.

Claire's previously filed for bankruptcy and is seeking a buyer for parts of the business.

Claire's, a national mall jewelry chain, recently filed for Chapter 11 bankruptcy for the second time on Aug. 6, and more than 290 stores are expected to close, including several in Kentucky.

The closures were announced in a court filing on Monday, Aug. 25, following Claire's Holdings LLC sale of its North American business to private equity firm Ames Watson. The stores set to be closed include 235 Clair

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