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Read Next. 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. In , Ascena closed its nearly Dressbarn stores , which now operate as an online-only business under new ownership.
Are half-sheet cakes back at Costco? Facebook Twitter Email. 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. Sign up for our free newsletter Sign Up.
See Also Justice parent files for bankruptcy, will close a "significant" number.
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