Openings, Closings, Mergers, and Acquisitions
Ascena Retail Group is closing up to 667 stores in the next two years including Taylor, Lane Bryant, Loft, Maurices, Dressbarn, Catherines, and Justice. In May, the company had 4,850 stores.
Gymboree plans to close 330 stores as part of its bankruptcy protection process.
Starbucks is closing all 379 Teavana stores by spring 2018.