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Wintrust Business Minute: Hoffman Estates-based Claire’s is closer to filing for bankruptcy
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Hoffman Estates-based Claire’s is closer to filing for bankruptcy. Bloomberg says the teen accessory chain missed June and July rent payments on some stores. The bankruptcy filing may come as soon as this week. Claire’s has also been exploring restructuring options including a possible sale. The company has not responded to requests for comment. Claire’s also has a $500 million loan due in December of 2026.
Also, a new report says the number of newly built homes sold in the Chicago area was flat in the first half of 2025. Listen for more below:
https://serve.castfire.com/audio/7560767/7560767_2025-08-05-170607.64kmono.mp3
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By wgnradio.com
4.5
88 ratings
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Hoffman Estates-based Claire’s is closer to filing for bankruptcy. Bloomberg says the teen accessory chain missed June and July rent payments on some stores. The bankruptcy filing may come as soon as this week. Claire’s has also been exploring restructuring options including a possible sale. The company has not responded to requests for comment. Claire’s also has a $500 million loan due in December of 2026.
Also, a new report says the number of newly built homes sold in the Chicago area was flat in the first half of 2025. Listen for more below:
https://serve.castfire.com/audio/7560767/7560767_2025-08-05-170607.64kmono.mp3
Recent Posts
Wintrust Business Lunch
McDonald’s global sales are up 3.8% year-over-year
.cls-4{fill:#000;}
Terry Savage: Is an economic slowdown coming?
.cls-7{fill:#fff;fill-rule:evenodd}
Work ethic, celebratory layoffs, financial planning
.cls-7{fill:#fff;fill-rule:evenodd}
Hoffman Estates-based Claire’s closer to bankruptcy
.cls-4{fill:#000;}
Vacancy rate of Magnificent Mile dropped 29.3% in July
.cls-4{fill:#000;}
Click for more
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