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Many of the 180 stores in Grapevine Mills Mall are outlets; it’s not clear whether this Arhaus will be its clearance brand, called The Loft, or a traditional showroom. Two locations of The Lofts ...
In May 2020, furniture chain Arhaus confirmed the opening of a clearance center in the space vacated by Lord & Taylor in 2019. [45] As of 2020, the mall contains over 185 stores, and is described by Taubman Centers as "the top tourist shopping destination in Michigan", with over 30 percent of annual sales coming from out-of-state tourists. [46]
An Arhaus Store in Greenwich, Connecticut. As of 2024, the chain had 92 locations across 29 States. [9] The company has opened in-mall locations, including anchor stores, as well as freestanding locations as part of open air shopping centers. In 2014, Arhaus opened their first locations in Arizona and California in addition to six other stores. [6]
In December 2020, a study from Coresight Research found that of all American retailers, Ascena Retail had closed the most locations in 2020, at 1,200 closures of 8,400 in the country overall. [ 17 ] On December 23, 2020, Ascena announced that Sycamore Partners has completed its acquisition of Ann Taylor, LOFT, Lou & Grey and Lane Bryant brands.
Aaron Rents, Inc. was founded by R. Charles Loudermilk, Sr. in 1955. [5]In September 2008, Aaron's announced the sale of its Corporate Furnishings division to CORT Business Services, part of Berkshire Hathaway.
As of October 27, 2012, the total store count was 981: of 278 Ann Taylor stores, 101 Ann Taylor Factory stores, 510 Loft stores, and 92 Loft Outlet stores, as well as online at AnnTaylor.com and Loft.com. [9] On May 18, 2015, Ascena Retail Group announced a $2.16 billion acquisition of Ann Inc. [10] The buyout was completed on August 21, 2015.