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Dressbarn is closing all 650 of its stores.
Insite dress barn close. Irene jiang business insider dressbarn s parent company ascena announced on monday that it would close all 650 dressbarn stores. Ascena has built up a portfolio of apparel brands over the past. Ascena retail group announced in may it was going to wind down its dressbarn business.
Not even midway through 2019 more retailers are scheduled to close this year than in all of 2018 according to coresight research. Dressbarn a household name for over 50 years has struggled to grow sales in a competitive market where it battles with online retailers like amazon and off price retailers like t j. The latest to fold is women s clothing retailer dressbarn which.
All 650 stores will ultimately close. Dressbarn s owner ascena retail group said monday its closing all of its roughly 650 stores as it hopes to stabilize its business.
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