You may not know the name Ascena Retail Group, but you know the stores it owns, like Ann Taylor, dressbarn, Lane Bryant, Maurices, among others. Many of these stores could soon be closing if Ascena follows through on its proposal to shutter as many as 650 locations. Ascena revealed the plans — which would axe some 250 or more stores …
NYS Entity Status
NYS Filing Date
MARCH 11, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2014 - LOCKPORT RETAIL GROUP II, LLC
AROUND THE WEB
- Owner of Ann Taylor, dressbarn, Lane Bryant, Maurices Could Close Up To 650 Stores
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If there is any indication of the cultural import and effect of the “millennials” – a term I dislike for reasons I will explain later – look no further than America’s malls. The Baby Boomer hubris and NIMBYism that sent malls into further and further orbits from city centers has come home to roost and it promises to change the face of retail in a big way. First,… Read More
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Coach, Burlington Stores, PVH and L Brands can withstand the Amazon threat, says Dana Telsey, retail analyst and founder of Telsey Advisory Group.
- BIZ DEV: Chevy LMAs Shift $238 Million Buying Business From USIM To Carat
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The Chevrolet Local Marketing Associations around the country have shifted their media buying business to Carat, part of Dentsu Aegis. The incumbent on the business was independent agency U.S.International Media.
The Chevy LMAs spent an estimated $238 million on ads in 2016 according to Kantar Media.
The LMA structure was set up about a decade ago as a way to give dealersmore control over the direction of their advertising efforts.
Retail specialist Agency 720, part of Omnicom Group, handles creative chores for the LMAs
A spokesperson for the LMAsconfirmed the shift, responding to an email that “Yes, Agency 720 will work with Carat to support the LMAs.”
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Retailers are spending less on loss prevention, and maybe that’s not such a good idea. In 2016, the rate of “shrinkage,” or inventory that goes missing for any reason, increased to 1.44% of all sales, or a total of almost $48.9 billion. Where did that stuff go? According to the annual National Retail Security Survey from trade group the National …
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By Josh Kosman, Julia Marsh - Thursday Jun 22, 2017
Just when J.Crew thought it had fixed its debt mess, a group of creditors is raising a fresh ruckus in court over the retailer’s unusual deal to fix its balance sheet. Lenders to the sales-challenged clothing chain on Thursday asked a judge to block the retailer from carrying out an unusual and controversial move to...