Is Ann Taylor Closing

Weblong island, ny — in another blow to brick and mortar retail, the parent company that owns ann taylor and lane bryant has filed for chapter 11 bankruptcy. Webascena retail group, the conglomerate behind women's apparel brands ann taylor, lane bryant and catherines, filed for chapter 11 bankruptcy thursday and said it. Webin bankruptcy court filings, ascena disclosed that 10 ann taylor stores, 28 ann taylor factory stores, nine loft stores, 21 loft outlet stores, and eight lou & grey stores will close.

Webann taylor, loft and talbots have come together under a new holding company dubbed knitwell group, according to a wednesday press release from owner.