Edition: Global  
One News Page
“Probably the fastest-access news portal in the world”
> >

Ann Taylor, Dress Barn owner to shutter stores to drive cost savings

bizjournals Monday, 12 June 2017
Ascena Retail Group, parent company of Ann Taylor, Lane Bryant and Dress Barn, said last week it will shutter a significant number of stores to drive cost savings. The New Jersey-based company will find substantial rent reductions or else close more than 650 stores over the next two years, according to the company’s third-quarter earnings report. The retailer has already closed 71 stores since the beginning of the year, with 50 more set to close during this quarter. The company said that actual…
0
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 

You Might Like


Other recent news in Business

BOEING raises its full-year earnings forecast after profits top expectationDIESEL and petrol car ban: Clean air strategy 'not enough'
MIKE ASHLEY's testimony case was a "cry for help", says psychotherapistFOXCONN expected to announce multi-billion dollar investment
FTSE 100 tech firm Sage splashed $850m on a US cloud SOFTWARE firmThe SUPREME COURT has ruled employment tribunal fees are unlawful
The US will not 'accept or allow' TRANSGENDER people to serve in militaryNew Ford CEO: Silicon VALLEY may need Detroit more than it thinks (F)
UK GDP growth at 0.3 per cent: What the experts thinkMike Ashley wins HIGH COURT battle over £15m pub deal

Twitter

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2017 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+