Tis the season:“Women's fashion retailer Dressbarn, owned by...

Tis the season:

“Women's fashion retailer Dressbarn, owned by Ascena Retail Group, started to wind down earlier this year. In May, Ascena said it moved forward with this plan in order to be able to turn its focus to its stronger brands, like Ann Taylor and Loft. All roughly 650 Dressbarn stores are expected to go dark by the end of 2019, but some are still in the midst of liquidation sales as the holiday season wraps up. Dressbarn will still live on online, however. Ascena has sold Dressbarn's intellectual property assets to a subsidiary of Retail Ecommerce Ventures. A revamped website is expected to launch in 2020.”