Lane Bryant is a popular plus-sized clothing line that is owned by a parent company called Ascena Retail Group. Ascena Retail Group is based in New Jersey and operates several other popular clothing brands. Examples include Ann Taylor Loft, Lou & Grey, the Justice tween brand, Cacique, and Catherines. The parent group recently filed for Chapter 11 Bankruptcy. As a result, they are going to be closing a significant number of their stores, including some Lane Bryant stores. Overall, the company owns more than 2,800 stores, with approximately 688 of them being Lane Bryant stores. More than 150 Lane Bryant stores are expected to close.