Ann Taylor, Lane Bryant owner files for Chapter 11 bankruptcy
NEW YORK (AP) – The operator of Ann Taylor and Lane Bryant filed for Chapter 11 bankruptcy on Thursday, the latest retailer to do so during the pandemic. Mahwah, New Jersey-based Ascena Retail Group Inc., which operates nearly 3,000 stores mostly at malls, has been dragged down by debt and weak sales for years. Ascena joins a growing list of…
