MARYLAND – Jewelry and Accessories Dealer Charming Charlie has filed for bankruptcy and will close all her 261 stores by the end of August, including five in Maryland. The news marks another conclusion in what has been a tough year for National Dealers with stores in Maryland.
The store hasin National Harbor, the Washingtonian Center in Gaithersburg, Waldorf, Westview Promenade in Frederick, and in Bowie Town Center, according to the company's website.
The special dealer became known after the 2004 opening to group women's fashion accessories by color. But recent times have proved to be tough for Charming Charlie, and the dealer closed 1[ads1]00 places last year, Dallas News reported.
The reseller said that the decision to bankruptcy was again made "after the implementation of a number of cost-cutting measures" that failed to stabilize the business and ensure profitability.
Charming Charlie's announcement comes a month after it was revealed that Dressbarn closes 22 locations in Maryland and all 650 across the United States.
Other retail stores announced this year include 90 Family Dollar locations in the state and 11 Maryland Mattress Firm stores.