Plus-size retailer Catherines will permanently shutter all of its 320 bricks-and-mortar stores but plans to continue as an online-only store.
The upcoming closures were announced as parent company Ascena Retail Group filed for Chapter 11 bankruptcy protection Thursday.
The New Jersey-based company said it has reached an agreement to sell Catherines’ intellectual property and transition its e-commerce business to City Chic Collective Limited.
Ascena also operates 2,800 stores across Justice, Lane Bryant, Ann Taylor Loft, Lou & Grey and Cacique. More than 1,600 stores could close across all the brands, court records show.
“It is with a very heavy heart that we must let you know that we will be closing all of our Catherines stores,” a letter to customers said. “The COVID-19 global pandemic has had a tremendous financial impact on our business and it saddens us to make this difficult decision.”
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