Another one bites the dust...


Remember when Claire's was the destination for teens to get their ears pierced? Between the dying ecosystem of malls and changing consumer trends, Claire's is filing for bankruptcy. However, they're not along: Macy's, JC Penney, Sears, and Aeropostale, among a handful of others, are facing similar fates unless they - in conjunction with their mall partners - can make themselves relevant again. Here's one take on how to change the mall business model, by Syracuse University's retail expert, Professor Amanda Nicholson.

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