Dressbarn to close all 650 locations in 'wind down' of retail operations

Dressbarn plans to close all of its approximately 650 locations in a "wind down" of its retail operation, the women's retailer announced Monday.

"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," Steven Taylor, the company's chief financial officer, said in a press release.. "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."

For now, all stores and the retailer's website will operate as usual. Customers will still be able to use Dressbarn-branded credit cards and there are, so far, no changes to the fashion retailer's return, refund or gift card policies.

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https://www.foxbusiness.com/retail/dressbarn-to-close-all-locations