Is Dress Barn Going Out Of Busienss
Ascena retail group said monday it s winding down its dressbarn business and plans to shut all 650 or so of the women s clothing stores in order to focus on its more profitable brands.
Is dress barn going out of busienss. The fashion chain announced the news in a letter and in a press release. Dressbarn is going out of business will shut down all 650 stores no timeline was provided as the women s retailer starts a wind down of its retail operations the company said in a statement. Dress barn inc s parent company new jersey based ascena retail group inc.
All 650 stores will ultimately close. The retail industry suffered another blow monday after dressbarn s parent company announced it was shutting down the clothing chain s operations. Dressbarn has detailed the 28 stores it plans to close first.
Ascena retail group announced in may it was going to wind down its dressbarn business. Dressbarn is closing after over 50 years in business.