MAURICES

Sale of Duluth-Based Retailer Maurices Finalized

DULUTH, Minn. – Maurices has announced that its sale to private equity firm OpCapita is complete, marking a new era in the Duluth-based women’s fashion retailer’s 88-year history. The headquarters of the company will remain in downtown Duluth. “This is an exciting day for our Maurices family,” said Maurices President and Chief Executive Officer, George Goldfarb. “We’ve had strong holiday…

Lane Bryant, Maurices Stores Closing Across the Country

An additional 400 stores could also go under based on lease agreements

  NATIONAL — A major retail brand says it’s planning on closing at least 250 stores nationwide because of declining sales. Ascena Retail Group owns Maurices, Anne Taylor, Loft, Dressbarn, Lane Bryant, Catherines and Justice. An additional 400 stores could also go under based on lease agreements. All but Anne Taylor, are found in the FM area. There is no word…