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Ann Taylor, Lane Bryant owner files for bankruptcy protection, will close some stores
Ann Taylor and Justice storefronts (Photos: Michael Brochstein/SOPA Images/LightRocket, left, and John Greim/LightRocket, right; via Getty Images) Ascena Retail Group, the parent company of Lane Bryant, Ann Taylor and Justice, announced Thursday that it has filed for Chapter 11 bankruptcy protection after its business was "severely disrupted by the COVID-19 pandemic."Ascena, which also operates Ann Taylor Loft, Lou & Grey, Catherines and Cacique, is slated to close all of its Catherines stores, in addition to closing a "significant number" of its Justice stores and a "select number" of Ann Taylor, LOFT, Lane Bryant and Lou & Grey stores, the company said in a press release after filing in U.S.