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Author Topic: Ann Taylor, Loft, Dress Barn, Lane Bryant, Justice - At least 268 stores closing  (Read 116 times)
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AmesNERD Offical

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« on: June 12, 2017, 07:56:23 PM »

FROM CLARK.COM (the website of Consumer Advocate Clark Howard)

Ascena Retail Group, the women’s clothing retailer that owns the brands Ann Taylor, Loft, Dress Barn, Lane Bryant, Justice and several others, is planning to close hundreds of stores.

During a recent earnings call, company executives announced that 667 stores are part of its fleet optimization program.

At least 268 of those stores will definitely be closed by July of 2019. The remaining 399 stores will be shut down if rent concessions aren’t obtained through negotiations with landlords.

The company didn’t specify which locations will be closed.

~Marc B~
Southington, Connecticut
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« Reply #1 on: June 13, 2017, 10:54:32 AM »

667 stores are part of its fleet optimization program.

Boy, THERE'S an Orwellian euphemism for you!

Not coincidentally, Fleet is a brand of enema.
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« Reply #2 on: June 17, 2017, 07:32:19 PM »

I noticed the Middletown, CT Dress Barn location has closed. Not sure how long ago that happened.
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