Things Remembered
In February 2019, this personalized gift company declared bankruptcy. It lucked out since a buyer purchased the company and saved many stores. Enesco LLC bought 176 stores from the retailer, which helped the retailer stay afloat. Despite this, it was too late for many of its other locations. The company used to have 450 stores. This number has since decreased by 250 stores.
Things Remembered
Ascena Retail
You might not have known that Ann Taylor, Loft, Dress Barn, and Lane Bryant are all subsidiaries of Ascena Retail. The parent company had been in a tight spot after sales went down over the past couple of years. In an effort to make up for the declining sales of the last few years, it shuttered hundreds of shops across the brands. It has since closed 667 stores, the first 400 of which took place in July 2019.
Ascena Retail
