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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
An outlet store, factory outlet or factory store is a brick and mortar or online store where manufacturers sell their merchandise directly to the public. Products at outlet stores are usually sold at reduced prices compared to regular stores due to being overstock , closeout , returned , factory seconds , or lower-quality versions manufactured ...
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Limited Too changed its name to Tween Brands in 2008, and the company had almost completely converted its remaining Limited Too stores to Justice stores at the time of the Ascena acquisition. In 2012, Ascena Retail Group acquired Charming Shoppes , which was the parent holding company for Lane Bryant, Cacique and Catherines Plus, for $900 million.
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