Deals

Ascena Retail gets court OK for $540 million deal with Sycamore

Ascena Retail Group has received bankruptcy court approval to sell its Ann Taylor, Loft, Lane Bryant and other brands to Sycamore Partners.
5Qs for Michael Wiener on the pandemic’s effect on real estate values

We spent some time with Excess Space Retail Services’ president, Michael Wiener, to lay out what opportunities now present themselves to retail chains.
Francesca’s to close 97 more stores

Francesca’s Holdings Corp. is planning to close more stores on top of the 137 locations it closed prior to filing for bankruptcy.
Francesca's files Chapter 11 with plans to sell company

Francesca’s Holdings Corp. has filed for filed for Chapter 11 bankruptcy protection, the latest apparel retailer whose business has been undone amid the pandemic.
Barneys to make comeback next year — in Saks

Barneys New York will make its return to the retail stage next year.
Men’s Wearhouse owner exits Chapter 11

Tailored Brands is ready for its next chapter.
Parent company of U.K.’s Topshop goes into bankruptcy

The formerly high-flying Arcadia Group has come back down to earth with a thud.
Ascena Retail selling Ann Taylor, Loft and other brands for $540 million

Ascena Retail Group has entered into a deal that will greatly boost Sycamore Partners’ retail portfolio.

Puerto Rican import Burrito Social expands in Florida