Company That Owns Lane Bryant Files For Bankruptcy, Closing 1,200

Ascena Retail Group Inc. - the owner of Ann Taylor, Lane Bryant and the Loft announced it has been extremely affected by the COVID-19 pandemic and will be shutting down 1,200 out of 3,000 stores, reports Bloomberg.

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Owner of Ann Taylor and Lane Bryant files for bankruptcy

Ann Taylor, LOFT, Lane Bryant parent Ascena closing 1,200 stores

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