Lane Bryant, Loft, Dress Barn, Ann Taylor and others announce store closures Competing against online giants like Amazon have become difficult.

Continue clicking to see the 10 retailers that could be next to declare bankruptcy. less Between 250 and 650 retail stores, including Ann Taylor, Dress Barn, Loft, Lane Bryant, Justice, Dress Barn and Catherines stores are closing over the next two years, according to parent company Ascena Retail Group. Between 250 and 650 retail stores, including Ann Taylor, Dress Barn, Loft, Lane Bryant, Justice, Dress Barn and Catherines stores are closing over the next two years, according to parent company Ascena Retail ... more Photo: Andrew Burton Photo: Andrew Burton Image 1 of / 17 Caption Close Lane Bryant, Loft, Dress Barn, Ann Taylor and others announce store closures 1 / 17 Back to Gallery

Between 250 and 650 retail stores, including Ann Taylor, Dress Barn, Loft, Lane Bryant, Justice, Dress Barn and Catherines stores are closing over the next two years, according to parent company Ascena Retail Group.

On Thursday, Chief Executive David Jaffe said 250 locations will definitely close down, and another 400 will close their doors unless the company can negotiate lower rents at those locations, according to WLS-TV.

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It's unclear which of their stores will be closing.

Jaffe said that the move is necessary to help the company traverse the deeply troubled retail market. He also said the retail group is encountering "persistent traffic decline" at the storefronts, according to UPI.

Many stores, including Macy's, Sears and others, are struggling to compete against digital retailers like Amazon and have announced several store closings over 2017.

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