The 57-year-old discount retailer is closing all stores, without bankruptcy

Balancing affordable and chic has always been a challenge when it comes to fashion.

Target has, at times, offered clothing that offered both fashionable appeal and affordability. Fast fashion chains have done this too, but have often sacrificed quality and durability for price.

Longtime Vogue editor Anna Wintour understands that clothes have to sell.

“Fashion isn’t just creativity, it’s commerce,” Pure Luxy reported.

Discount retailers like Marshalls and TJMaxx have been able to build a following by offering treasure hunt fashion and bargains. There is no stigma associated with shopping at those stores because they sell top brands that savvy shoppers can find at great prices.

Affordables Apparel, which also owned the Aiden Lanes brand, was able to ride that line for decades, but that ended as the chain closed all locations under both brands.

While many retailers close in anger or with a Chapter 11 or Chapter 7 bankruptcy filing, others exit more quietly. That’s what happened to Affordable Apparel and Aiden Lanes, which quietly closed stores in recent years.

In this case, the chain only made local announcements, and some local directory sites even show that the stores are still open. A post on the Affordable Apparel and Aiden Lanes website, however, clarifies the fate of the two brands.

We have closed our stores for good. We are deeply grateful to our customers, partners and community for their support over the years“, the company posted.

The closure comes after a recent attempt to rebrand many of its stores.

“With Affordables Apparel’s 2025 rebrand at Aiden Lane, the brand is more aligned than ever with its 56-year mission to bring everyday style to local women — whether dressing for brunch, the office or elevating their casual lifestyle,” Charleston Living reported.

More retail:

The chain was trying to expand its selection to embrace a younger generation while staying true to its loyal customers.

“We focused on setting the tone, the pace, and what people experience when they walk in the door. I hope women of all ages leave with something they love; that’s always been my passion,” company buyer Nora Innis told the magazine.

Aiden Lane was an attempt to reach younger customers. Shutterstock” loading=”eager” height=”540″ width=”960″ class=”yf-lglytj loader”/>
Aiden Lane was an attempt to reach younger customers. Shutterstock · Shutterstock
  • Founded in 1969 as a South Carolina women’s clothing and accessories boutique focused on classic pieces at affordable prices for women of all ages.

  • Built a regional presence with multiple locations in South Carolina over several decades, including towns such as Mount Pleasant, Ladson, Summerville, Aiken, Hilton Head Island and North Charleston.

  • Known for personalized, friendly service and clean merchandise, often described as a place where shoppers feel like they’re shopping with friends.

  • Purchased by Lyndon and Melanie Amick (Lyndon is a former NASCAR driver) in 2012.

  • The expansion included Aiden Lane boutiquesa name introduced with the opening of the first Aiden Lane store in 2017 and the subsequent rebranding of some Affordables Apparel locations in Aiden Lane.

  • Brand evolution reflects a blend of boutique tradition with fresh styling and modern retail experiencesmaintaining relevance in a competitive retail environment.

  • Final The Affordables Apparel location is closing in January 2026.
    Sources: Post & Courier, Charleston Living Magazine

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Dress Barn closed all of its stores in 2020. At the time, GlobalData CEO Neil Saunders shared with Retail Dive why the retailer failed.

“The chain has been struggling for years and has lost customers, sales and stock. In recent quarters, those losses have accelerated. Profitability has also been weak,” Saunders told Retail Dive in an email. “While Dressbarn has stood still, other retailers have stepped in with more interesting propositions. Off-price players, value retailers like H&M and even department stores like Kohl’s have taken up Dressbarn.”

He also shared what makes being a low-cost clothing brand challenging.

“Its low price position meant it needed volume to thrive,” he added.

Discount fashion chains such as Affordables Apparel and Aiden Lane have also suffered from a shift in consumer habits.

“There’s been a big shift in the weight of specialty and department stores. In general, for that consumer, there have been specific challenges for that segment that Dress Barn, J.Jill and Chico are all targeting,” Janine Stichter, an analyst at Jefferies, told CNBC.

Related: Big online retailer liquidates in Chapter 11 bankruptcy

This story was originally published by TheStreet on January 26, 2026, where it first appeared in the Retail section. Add TheStreet as a favorite source by clicking here.

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