Dressbarn winding down operations, closing 650 stores

After more than half a century in business, Dressbarn has announced it is winding down operations and will close all 650 stores.The womenswear retailer is owned by Ascena Retail Group. Ascena also owns a number of other chains that will remain open, including Lane Bryant, Justice, Maurices, Ann Taylor, Loft, Cacique and Catherines.”This decision was difficult, but necessary, as the Dressbarn chain has not been operating at an acceptable level of profitability in today’s […]