Things Remembered
After Things Remembered applied for Chapter 11 bankruptcy in February 2019, it found a buyer who helped save many stores. Enesco LLC purchased 176 locations from the retailer specializing in personalized items and engraved products. Even so, it was only able to save a small part. At the time of the bankruptcy filing, the company had 450 stores. Unfortunately, this meant that 250 stores are due to be shut down.
Things Remembered
Ascena Retail
What do Ann Taylor, Dress Barn, Lane Bryant, and Loft all have in common? They all belong to the same parent company, Ascena Retail! The company has been suffering a decline in sales over the past few years. To make up for it, the company plans to shut down hundreds of stores across all the brands. Around 667 locations are due to be closed—the first 400 of those happened in July 2019.
Ascena Retail
