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Opened in 1962, the mall originally featured J. C. Penney and St. Louis-based Stix, Baer & Fuller as its main anchor stores, as well as a Kroger supermarket and a Woolworth dime store. Other major tenants included Walgreens, Lane Bryant, Thom McAn, Bakers Shoes, Bond Clothing Stores, and a branch of local jewelry store Hess and Culbertson. [2]
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]
In 2012, Ascena Retail Group acquired Charming Shoppes, which was the parent holding company for Lane Bryant, Cacique and Catherines Plus, for $900 million. 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 ]
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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 ...
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.
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