As shopping online continues to be a preferred method of shopping by many, Ascena Retail Group has proposed to close as many as 650 of its stores, which include Ann Taylor, dressbarn, Lane Bryant, Maurices, Justice, Loft, Lou & Grey and Catherines, reports Consumerist.
The locations of the stores to close has not been revealed but there are several Ascena Retail Group brand stores located in Williamson County.
Ann Taylor – located inside the CoolSprings Galleria
1800 Galleria Blvd, Brentwood, TN 37027
Maurices – located at The Crossing of Spring Hill (Maury County)
1016 Crossings Blvd, Spring Hill, TN 37174
Lane Bryant – located in CoolSprings Market
2000 Mallory Ln, Franklin, TN 37067
Justice – one inside the CoolSprings Galleria and the other located on Cool Springs Boulevard next to T.J. Maxx
1800 Galleria Blvd #2084, Franklin, TN 37067
545 Cool Springs Blvd #165, Franklin, TN 37067
Loft – on Cool Springs Boulevard, next to Justice
545 Cool Springs Blvd, Franklin, TN 37067
CEO David Jaffe told investors on a call that the company has put in place a plan intended to combat the slumping retail environment and cut costs by $250 million to $300 million by 2019, continued Consumerist.
The plan will begin in July 2017, in which 250 stores will close.