Columbus, Ohio — Fashion apparel retailer Express, Inc. has appointed Jason Judd as the company’s senior vice president and chief financial officer, effective April 4th. He joins Express from Big Lots and will report to CEO Tim Baxter. “I am pleased to welcome Jason to Express, Inc.,” says Baxter. “He is a seasoned, well rounded and accomplished financial executive with a proven track record of delivering results. His experience across industries and companies, combined with his passion for retail makes him a terrific complement to our extraordinary leadership team, and …
Justice
Ascena Retail Group Files for Bankruptcy, Plans to Close ‘Significant’ Number of Stores
by Katie Lee
Mahwah, N.J. — Ascena Retail Group, the parent company of clothing brands Ann Taylor, Justice, Loft, Lane Bryant, Catherines and Lou & Grey, has filed for voluntary Chapter 11 bankruptcy in the United States Bankruptcy Court for the Eastern District of Virginia. The Mahwah, N.J.-based company has reopened 95% of its stores since the COVID-19 outbreak, though Ascena cited the pandemic as “severely” disrupting the company’s financial foundation. The exact number of store closings was not disclosed, but the company said it will close a “significant” number of Justice stores, …