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Home / IBR Headlines / A different kind of Thanksgiving retail sale event (access required)

A different kind of Thanksgiving retail sale event (access required)

On Thanksgiving, Ascena Retail Group announced that it would sell its Ann Taylor, Loft, Lane Bryant and Lou & Grey brands to an affiliate of the private equity firm Sycamore Partners for $540 million. The sale came too late to save the Ann Taylor and Lofts stores in Boise, which have already closed. Ascena rocked the ...

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