Dressbarn to close all of its 650 stores
MAHWAH, N.J. – Dressbarn will be closing all 650 of its stores, Ascena Retail Group announced on Monday.
The women’s clothing retailer has locations across the country.
“For more than 50 years, Dressbarn has served women’s fashion needs, and we thank all of our dedicated associates for their commitment to Dressbarn and our valued customers. This decision was difficult, but necessary, as the Dressbarn chain has not been operating at an acceptable level of profitability in today’s retail environment,” said Steven Taylor, Dressbarn chief financial officer, in a news release on Monday.
Ascena Retail Group did not release a timeline for the closures, and said stores and the website remain operational. There are no current changes to the return, refund or gift card policies.
“During the wind down process, we will continue to provide our customers with the same great experience both in-store and online, offering them even better deals and value. We will work to assist our associates through the transition and maintain existing relationships with our vendors, suppliers, and other key stakeholders through this process,” Taylor said.
Ascena Retail Group also owns Ann Taylor, LOFT, Lane Bryant, Catherines and Justice.