I'm with Suz, maybe they'll have some really good inventory reduction sales before they close!
The Forbes story that annagybe shared reminds me that the Ann Taylor stores around here are so weird. One, in the rich suburb mall, moved to temporary digs and then opened a new bigger store which I think is one of the concept stores they mention in the article. It's big and has lots of stock but the layout is awkward and they always have a ton of mega-clearance stuff on the second floor, which seems counter to the high-end image they were otherwise aiming for (does it all come from that store or is it brought in from other stores, dunno?). The store in the slightly less swanky mall is small and always very bare, with a lot of suiting and very little for business casual or smart casual, which is how 90% of people dress around here. The store in the other big mall is also very suit-oriented and I see a lot more people buying stuff at Loft than AT proper. Talbots beats them both, as far as selection and quality for the price, it just is aimed at an older customer.
tl;dr I have a lot of Ann Taylor stuff, but almost all of it was bought online or at the Factory Store. I find the Loft mall stores much more apt to have something I want to buy, but never buy from Loft online because their prices seem much higher than the B&M stores, or at least they have less sales. I find their brand 'statements', or whatever you call them, very inconsistent across stores (even in the same geographic region) and between stores and online. I think it's strange.
