The US’s Dressbarn is officially closing all of its stores. The company announced yesterday that it will “commence a wind-down of its retail operations, including the eventual closure of its approximately 650 stores.”
For now, the stores remain in operation, as does the Dressbarn website.
Dressbarn ClosureDressbarn is owned by New Jersey-based Ascena Retail Group (NASDAQ:ASNA).
Other brands under its umbrellas include Lane Bryant, Catherines, Cacique, Justice and Ann Taylor. Most recently, it sold its Maurices brand.
The group released a statement saying the following:
“Dressbarn’s wind ...
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