Overview
- RCS Real Estate Advisors says it finalized agreements with landlords to keep more than 800 stores operating, with potential to reach as many as 950 locations.
- An Aug. 25 court filing shows 291 closures tied to the restructuring, including 235 Claire’s stores and 56 Icing locations.
- The $140 million price reflects an increase from a $104 million valuation cited in August during earlier sale talks.
- Ames Watson plans a smaller but stronger footprint with elevated piercing services plus refreshed merchandise, marketing, and store concepts.
- Specific stores that will remain open have not been identified, though RCS says the agreements preserve hundreds of locations and protect thousands of jobs.