The remaining Lane Bryant stores will continue to operate, as will the plus-size clothing retailer's e-commerce operations. For you. World globe An icon of the world globe, indicating different international options.
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Good Subscriber Account active since Shortcuts. Account icon An icon in the shape of a person's head and shoulders. Justice will close stores, while Lane Bryant is closing stores. Use the maps and chart below to get the full scope of Ascena's planned domestic closures. It can be zoomed out, or you can scroll down to see the entire United States below the searchable database. Click on the dots in the maps to see the name and location of the impacted stores.
Both are New York private equity firms with a history of turning around struggling brands. All rights reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of American City Business Journals.
Menu Bizwomen. Latest News. Tim Harris Lane Bryant is closing stores as its parent company navigates bankruptcy. Save better, spend better: Money tips and advice delivered right to your inbox. Sign up here. SB Capital Partners will manage the going-out-of-business liquidation sales, court records show.
SB has managed liquidation sales for more than 50 years and is an affiliate of the Schottenstein family, which also owns DSW Inc.
The company managed Charlotte Russe's liquidation and is currently handling Modell's Sporting Goods' closing sales. Like other apparel retailers with a heavy commitment to shopping malls, Ascena was grappling with declining foot traffic long before the coronavirus pandemic , which has led to an increase of retailers filing for bankruptcy.
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