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Lane Bryant, Inc., is the largest plus-size retailer in the United States. As of 2022, the chain consists of 448 stores in 46 U.S. states (only Alaska, Hawaii, Montana and Wyoming do not have Lane Bryant stores). [2] Lane Bryant, Inc. is not affiliated with Lane Bryant catalog (Brylane, Inc.), which was spun off as a separate business in 1993. [3]
Charming Shoppes was founded in 1940, it went public in 1971, [3] and was ranked 927th on the 2012 Fortune 1000. [4] On May 2, 2012, Ascena Retail Group, the parent company of Dressbarn, announced that it would acquire Charming Shoppes with a $900 million transaction through a combination of cash in hand and $325 million of borrowings from credit facilities.
In 2012, Ascena Retail Group acquired Charming Shoppes, which was the parent holding company for Lane Bryant, Cacique and Catherines Plus, for $900 million. [citation needed] On May 18, 2015, Ascena Group agreed to a $2.16 billion acquisition of Ann Inc., the parent company of clothing retailers Ann Taylor and Loft. [9]
On Thursday, Ascena Retail announced it has hired away The Limited President and Chief Executive Officer Linda Heasley, to take the reins as President and CEO of its own Lane Bryant division. In a ...
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By 2011, the store opened in seven locations in New York and New Jersey. Two more stores were opened in 2011. The company launched its online store in 2010. The store targets women and teenagers sized 12 to 26. [3] The chain is named after famous a quote by Lena Bryant, founder of the plus-sized women's
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