40 min

Pierced Ears to Private Equity: The Rise and Fall of Claire’s RIP Corp

    • History

While bankruptcies of familiar retail brands made headlines this past year, you can actually still shop at some of them–JC Penney, Nieman Marcus, Guitar Center. So that’s what this episode of RIP Corp is about: Claire’s, and the wild world of modern retail bankruptcy which kind of exists to help distressed companies avoid total collapse, but is also an increasingly gamed system to help a handful of people stay hella rich.

While bankruptcies of familiar retail brands made headlines this past year, you can actually still shop at some of them–JC Penney, Nieman Marcus, Guitar Center. So that’s what this episode of RIP Corp is about: Claire’s, and the wild world of modern retail bankruptcy which kind of exists to help distressed companies avoid total collapse, but is also an increasingly gamed system to help a handful of people stay hella rich.

40 min

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