Ann Taylor owner files for Chapter 11 bankruptcy

Ann Taylor owner files for Chapter 11 bankruptcy

Seattle Times

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NEW YORK (AP) — The operator of Ann Taylor and Lane Bryant filed for Chapter 11 bankruptcy on Thursday, the latest retailer to do so during the pandemic. Mahwah, New Jersey-based Ascena Retail Group Inc., which operates nearly 3,000 stores mostly at malls, had been dragged down by debt and weak sales for years. As […]

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