It looks like more of our favorite stores are closing because of the COVID-19 pandemic . The company that runs Lane Bryant and Ann Taylor has filed for bankruptcy.
The Ascena Retail Group, which also runs Ann Taylor Loft, Catherine’s, and Lou & Grey said all Catherines stores, and a “select number” Ann Taylor, Loft and Lou & Grey stores will permanently close. Ascena has said that the final number of store closings will be based their ability to reach agreements with their landlords to come up with better leases.