These Brands Are Closing Down And We Are Not Ready For It

Ascena Retail

Ascena Retail is the parent company of a range of various women’s wear brands, including Ann Taylor, Loft, Dress Barn, and Lane Bryant. Overall, the company’s revenues have declined in recent years. In order to make up for the losses, the company plans to close down hundreds of its stores in all its brands. Approximately 667 sites are planned to be closed in total, the first 400 of which are scheduled to be closed by July of this year.

Ascena Retail