Ascena Retail Group is reducing its store footprint from about 2,800 stores to some 1,200 stores.
The struggling retailer, parent company of Ann Taylor, Loft, Lou & Grey, Justice and Catherines, declared bankruptcy https://chainstoreage.com/ann-taylor-parent-files-bankruptcy-closing-significant-number-stores on July 23, with plans to close a “significant number” of its store locations (including all stores across all brands in Canada and Puerto Rico) and liquidate Catherines.
In court records, Ascena revealed that it plans to close about 1,600 stores. The majority of the closings, at least initially, will be absorbed by Justice, with 600 of its 826 locations slated to close, and Catherines, whose 320 stores will all go dark. (See list at end of article.)
According to the bankruptcy filing, 30 of Loft's 666 locations will close along with 38 of Ann Taylor's 291 locations. Lane Bryant will close 150 of its 688 stores. Eight of Lou & Grey’s — Ascena’s newest retail banner— 11 stores will close. (Full-price stores and outlets are included in all counts.)
Asset disposition specialists SB360 Capital Partners will manage the going-out-of-business sales in all Catherines stores, a significant number of Justice stores, and a select number of Ann Taylor, Loft, Lane Bryant and Lou & Grey stores.
For a list of all Ascena store closings (listed by state) click here.
Here are the Ann Taylor and Loft stores slated to close:
Ann Taylor Full-Price
New Haven, Connecticut: 968 Chapel St.
Palm Beach Gardens, Florida: 3101 PGA Blvd.
Aiea, Hawaii: 1450 Ala Moana Blvd.
Honolulu, Hawaii: 98-1005 Moanalua Road
Oklahoma City, Oklahoma: 1901 Northwest Expressway
Philadelphia, Pennsylvania: 1713 Walnut Street
Ann Taylor Outlet
Glendale, Arizona: 6800 N. 95th Ave.
Napa, California: 681 Factory Store Drive
Petaluma, California: 2200 Petaluma Blvd. N.
Vacaville, California: 321 Nut Tree Road
Lakewood, Colorado: 14500 West Colfax Ave.
Loveland, Colorado: 5817 McWhinney Blvd.
Silverthorne, Colorado: 125-A Stephens Way
Thornton, Colorado: 13801 Grant Street, Space #450
Mashantucket, Connecticut: 455 Trolley Line Blvd.
Destin, Florida: 10406 Emerald Coast Parkway
Naples, Florida: 6060 Collier Blvd.
Calhoun, Georgia: 455 Belwood Road
Commerce, Georgia: 800 Steven B Tanger Blvd.
Williamsburg, Iowa: 150 Tanger Drive
West Branch, Michigan: 2990 Cook Road
Albertville, Minnesota: 6500 Labeaux Ave. NE
Edina, Minnesota: 10 Southdale Center, Room 1155
Minnetonka, Minnesota: 12719 Wayzata Blvd.
Gulfport, Mississippi: 10830 Factory Shops Blvd.
Osage Beach, Missouri: 4540 Osage Beach Parkway
Jackson, New Jersey: 537 Monmouth Road
Waterloo, New York: 655 Route 318
Concord, North Carolina: 8111 Concord Mills Blvd.
Monroe, Ohio: 885 Premium Outlets Drive
Philadelphia, Pennsylvania: 1556 Franklin Mills Circle, Rm. 641
Barceloneta, Puerto Rico: 1 Prime Outlets Blvd
San Juan, Puerto Rico: 525 F. D. Roosevelt Ave.
San Juan, Puerto Rico: 1000 Mall of San Juan
Gaffney, South Carolina: 400 Factory Shops Blvd.
Lebanon, Tennessee: One Outlet Village Blvd.
Park City, Utah: 6699 N. Landmark Drive
Manchester Center, Vermont: 16 Wyman Lane
Meriden, Connecticut: 470 Lewis Ave.
Birmingham, Alabama: 603 Brookwood Village, Space 105