Company Announces They Are Shutting Down All 650 Of Their Stores Nationwide

Dressbarn, the women’s clothing chain that’s been around for nearly 60 years, announced this week it is closing all 650 of its stores. The company’s CFO, Steven Taylor, said Dressbarn has not been operating at an “acceptable level of profitability in today’s retail environment.” The company did not say when Dressbarn would shut all its stores, and they said in-store and online sales would continue as-is for the time being. How crazy -- the store has been around for 60 years, but unfortunately, with this retail climate, some just won't last forever.

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