Retailer Plans to Close ALL 650 of its Locations in the U.S.

Dressbarn is going out of business and will shutter all 650 of its U.S. stores."The Dressbarn chain has not been operating at an acceptable level of profitability in today’s retail environment,” says Dressbarn CFO Steven Taylor. An exact timeline for when the closures will take place has not been determined. More here.