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Businesses That Have Filed for Bankruptcy Due to COVID-19

Fundera

When companies file Chapter 11 bankruptcy, they negotiate with creditors to restructure debt terms rather than throw in the towel completely. After launching as Dressbarn in 1962, Ann Taylor and Lane Bryant evolved into Ascena Retail Group in 2011 with more than 2,800 stores, including brands like Loft, Lou & Grey, and Catherines.