You Won’t Be Seeing These Stores Open This Year, Here’s Why

Published on 06/30/2021
ADVERTISEMENT

Things Remembered

Things Remembered filed for bankruptcy protection under Chapter 11 in February 2019. It’s a good thing a company bought it out, because it saved a lot of the company’s stores from closure. 176 of its locations were purchased by Enesco LLC! Unfortunately, for some locations, it was a little late. The gift shop had already closed 450 locations by that time. Furthermore, 250 stores were set to close.

Things Remembered

Things Remembered

ADVERTISEMENT

Ascena Retail

What do Dress Barn, Loft, Ann Taylor, and Lane Bryant have in common? The answer is Ascena Retail, which is a parent company. Unfortunately, the company has not been doing well in terms of sales in recent years. To compensate, it plans to close hundreds of locations across its brands. The intention is to close 667 locations. The first few hundreds were held in July of this year.

Ascena Retail

Ascena Retail

ADVERTISEMENT