The parent company of clothing retailers Ann Taylor and Lane Bryant will close up to 667 locations in the next two years.
Acena Retail Group Inc., which operates Ann Taylor, Lane Bryant, Loft, Dressbarn, Catherines and Justice, announced it will close the locations due to a shift in consumer habits. As of late April, the company has approximately 4,850 locations. LEARN MORE
4. Children’s retailer Gymboree files for bankruptcy, will close 375 stores
Children's retailer Gymboree filed for Chapter 11 bankruptcy Sunday and will close more than 375 stores, according to Fortune.
The retailer said it could close up to 450 of its 1,281 stores as the company reorganizes. The San Francisco-based company says it is seeking to reduce its debt by $900 million. It expects to operate its business and majority of its stores during the restructuring. LEARN MORE
5. Want to sell your product at Elder-Beerman stores? Now is your chance
The parent company of Elder-Beerman continues to expand its "Close to Home" shops, which feature products from local makers and artists. The retailer's first "Online Sourcing Fair" received more than 1,250 product submissions from artisans, makers, designers and entrepreneurs. LEARN MORE
6. JC Penney to hire 600 people in Ohio
JC Penney is gearing up to hire 600 employees throughout Ohio. The retailer announced it needs associates for a variety of customer service and support positions, including: cashier, replenishment specialist, SEPHORA inside JCPenney beauty consultant and more. JCPenney salons in Ohio are also seeking experienced salon stylists to be part of the company's salon program. READ MORE
7. Miamisburg shopping center sells for $3M
A shopping center in Miamisburg has sold for approximately $3 million. The 100,000-square-foot Rand Plaza Shopping Center is located at 27 S. Alex Road at the corner of Ohio 725. The center is currently leased to approximately 13 tenants including Dollar General, H&R Block, Cassano's and the Community Health Center. LEARN MORE
8. Elder-Beerman company hires at all stores
Elder-Beerman's parent company will hire at all stores. The Bon-Ton Stores Inc., which owns and operates Bon-Ton, Boston Store, Bergner's, Carson's, Elder-Beerman, Herberger's and Younkers stores, hosted a summer hiring event last week. LEARN MORE
9. New women’s clothing retailer to open at Beavercreek mall
A new women's clothing retailer is set to open at the Mall at Fairfield Commons in Beavercreek. Torrid, a plus-size women's clothing store, is set to open on Saturday in a 3,030 square-foot space near the food court. Torrid's collections of fashion apparel, accessories, swimwear, lingerie and shoes are designed exclusively for women sizes 10 to 30. LEARN MORE