Original Ann Taylor's in New Haven Closes - More Closures for Parent Co. Ascena Planned
The original Ann Taylor’s in New Haven closed for good on Monday, July 27.
The retailers first launched from New Haven in 1954, eventually growing to a women’s clothing store giant.
Ann Taylor’s parent company, Ascena, filed for bankruptcy earlier this month. In addition to Ann Taylor, Ascena owns the brands: LOFT, Lane Bryant, Justice, Catherines, Cacique, and Lou & Grey. All of the retailers will continue to operate, though many of its 2,800 stores will be closed, according to Ascena. Catherines is being sold to City Chic.
In announcing the bankruptcy filing and restructuring on July…
Mahwah-Based DressBarn Closing All 650 Stores
DressBarn, the women's clothing chain, is closing all 650 of its stores after being in business for nearly 60 years.
Parent company Ascena Retail Group based in Mahwah said it plans to focus on its more profitable brands, such as Ann Taylor and Lane Bryant.
DressBarn CFO Steven Taylor said the chain "has not been operating at an acceptable level of profitability in today’s retail environment.”
Dressbarn has locations in Bloomfield, Edgewater, Hackensack, Kearny, Paramus, Westwood, Clifton, Florham Park, Parsippany, Wayne, Succasunna, Rockaway, Watchung, Union and more.
The closures w…