Readers ask: Which Loft Stores Are Closing?

In July 2020, Ascena Retail Group filed for Chapter 11 bankruptcy protection. Ascena is the parent company of fashion retailers Ann Taylor, Loft, Lane Bryant, Lou Grey, Justice and Catherines. As part of the bankruptcy, the company announced plans to close more than 1,000 stores across all of its brands permanently.

Is Loft closing in Canada?

Text: MAHWAH, N.J. — The parent company of Ann Taylor, Loft and Justice says it will close all of its clothing stores in Canada. The closures are part of the Chapter 11 bankruptcy proceedings and restructuring the Mahwah, New Jersey-based Ascena Retail Group Inc. has begun in the wake of COVID-19.

Are all Ann Taylor stores closing?

All Ann Taylor, LOFT and Justice Stores Closing in Canada as US Parent Ascena Files. Ascena Group Inc. filed for Chapter 11 bankruptcy in the United States as per an announcement Thursday which includes shuttering all of its stores in Canada.

Is Ann Taylor closing in Canada?

Ann Taylor, Loft and Justice clothing stores across Canada will close permanently amidst financial difficulties, per a press release issued on Thursday morning. There are four Ann Taylor, nine Loft and 37 Justice stores in Canada, according to the company websites.

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Does Ann Taylor own a loft?

Ascena Retail Group, Inc. is an American retailer of women’s clothing. Ascena also owns Lane Bryant and Catherines clothing store brands, and is the parent company of Ann Inc., operator of Ann Taylor and Loft stores.

Is Loft closing permanently?

Ascena is the parent company of fashion retailers Ann Taylor, Loft, Lane Bryant, Lou & Grey, Justice and Catherines. As part of the bankruptcy, the company announced plans to close more than 1,000 stores across all of its brands permanently.

What happened to the loft?

And by the end of 2020, Loft parent company Ascena filed for Chapter 11 and was forced to sell off its assets, including Loft, Ann Taylor, Lou & Grey and Lane Bryant, to Premium Apparel, an affiliate of private equity firm Sycamore Partners.

Is loft out of business?

76 Ann Taylor, LOFT, and Lou & Grey stores are closing after parent company Ascena filed for bankruptcy — here’s the list. On Thursday, Ascena Retail Group filed for Chapter 11 bankruptcy and announced plans to close approximately 1,100 stores.

What’s the difference between Ann Taylor and LOFT?

LOFT Outlets carry a more youthful look and more casual styles, while the Ann Taylor Factory stores cater more to professionals. Both divisions sell suits, separates, dresses, shoes, and accessories designed for professional women. Also, there usually is a nice selection of petite sizes at both stores.

Is Loft outlet the same as loft?

They have different merchandise and it’s easy to tell the tags apart. Loft Outlet clothes are not former Loft regular store clothes sold elsewhere. Outlet stores get their own line of clothes and the tags have two small dots under the name.

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Is Lou and GREY going out of business?

Ann Taylor, Loft, Lou & Grey store closings: These locations will shutter as part of Ascena bankruptcy. According to the bankruptcy filing, 30 of Loft’s 666 stores and outlets will close along with 38 of Ann Taylor’s 291 locations. Eight of the smaller Lou & Grey brand also will shutter.

Why did Justice Close in Canada?

The company filed for bankruptcy yesterday, stating the Covid-19 pandemic has severely disrupted its financial foundation. “As a result, we took a strategic step forward today to protect the future of the business for all of our stakeholders,” said Carrie Teffner, Interim Executive Chair of ascena.

Is loft a Canadian company?

We are based out of Toronto, Canada and strive to provide attractive, sleek and quality products at reasonable prices. Our products are affordable because of our streamlined nature, we ship straight to you anywhere in Canada!

Did Talbots buy loft?

The owner of Talbots and Hot Topic has agreed to purchase Ann Taylor, Loft and Lane Bryant. Ann Taylor, Loft, Lane Bryant and Lou & Grey now have a new owner.

Who owns the Dress Barn?

REV acquired the Dressbarn name and intellectual property rights, after Dressbarn’s parent, Ascena Retail Group, announced in May, 2019 that it was giving up on the money-losing chain, and closing all 650 Dressbarn stores.

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