Things Remembered
Even though Things Remembered filed for bankruptcy last February, it found a buyer willing to save the remaining locations in the country. Enesco LLC bought 176 stores from this retailer, which is best known for selling personalized and engraved products. However, this development will turn the company into a smaller version of its former self. During the bankruptcy, the retailer boasted of 450 locations. As you can see, more than 250 stores will be shuttered.
Things Remembered
Ascena Retail
Ascena Retail is the parent company of different womenswear brands. Some of its subsidiaries are Ann Taylor, Dress Barn, Lane Bryant, and Loft. Unfortunately, it has experienced a decline in sales in the past couple of years. In an effort to counteract this loss, the company is planning to shut down hundreds of locations across its brands. Roughly 667 stores will be closing, 400 of which will close down by July.
Ascena Retail
