LOFT

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Owner of Ann Taylor, dressbarn, Lane Bryant, Maurices Could Close Up To 650 Stores

You may not know the name Ascena Retail Group, but you know the stores it owns, like Ann Taylor, dressbarn, Lane Bryant, Maurices, among others. Many of these stores could soon be closing if Ascena follows through on its proposal to shutter as many as 650 locations. [More]

(Jennifer Moo)

Parent Companies Of Lane Bryant, Ann Taylor To Merge Their Closets In $2.2B Deal

How many women’s suits and dresses could you buy for $2.2 billion? For Ascena Retail Group, Inc. the answer is all of the suits and dresses sold in all of the Ann Taylor and LOFT stores. [More]