this post was submitted on 05 Oct 2025
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On their closing sign: Claire's blaming the "radical left" for shutting down (infosec.pub)
submitted 3 days ago by bytesonbike@discuss.online to c/business@lemmy.world
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Source: https://www.reddit.com/r/pics/comments/1nyb8jp/oc_the_claires_in_my_town_closed_down_and_this_is/

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[–] shalafi@lemmy.world 4 points 3 days ago (1 children)

Uh, that business model had done quite well since I was a teen in the 80s.

under new private equity ownership

That's all you need to know.

[–] calliope@retrolemmy.com 2 points 3 days ago

Right, private equity bought it because it’s a distressed asset. Claire’s filed for bankruptcy in 2018 already. They’ve been struggling for years.

Making it into a “conservative” culture issue seems like something a vulture capitalist would do.