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Major clothing retailers announce store closures

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(HOUSTON CHRONICLE) Between 250 and 650 retail stores, including Ann Taylor, Dress Barn, Loft, Lane Bryant, Justice, Dress Barn and Catherines stores are closing over the next two years, according to parent company Ascena Retail Group.

On Thursday, Chief Executive David Jaffe said 250 locations will definitely close down, and another 400 will close their doors unless the company can negotiate lower rents at those locations, according to WLS-TV.

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  • Published: 2 years ago on June 14, 2017
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  • Last Modified: June 14, 2017 @ 5:00 pm
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