WEST BEND — Dressbarns across
the country, including stores in West Bend and Brookfield, will
begin steps to wind down their retail operations. The announcement
made in a press release said about 650 stores will be affected.
“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,” said Dressbarn Chief Financial
Officer Steven Taylor 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. During the wind down process, we will continue to
provide our customers with the same great experience both in-store
and online, offering them even better deals and value. We will work
to assist our associates through the transition and maintain
existing relationships with our vendors, suppliers, and other key
stakeholders through this process.”
Taylor said that the stores are open and conducting business as
usual. A woman who answered the phone at the West Bend store said
she did not know when the store would close for good.
Customers can continue to shop at Dressbarn instore and online and
use Dressbarn-branded credit cards for purchases. There are no
current changes to Dressbarn’s return, refund or gift card policies,
according to the press release.
Dressbarn has retained A& G Realty Partners to assist on real
Dressbarn associates will be notified when decisions are made about
specific store closures and provided with transition support.
Dressbarn intends to continue paying its vendors and suppliers in
full in the ordinary course for products and services provided to
Dressbarn during its wind down process, the press release said.
Troy Taylor, president of financial advisory and investment banking
firm Algon Group, has been appointed as independent director to the
Board of Directors of The Dress Barn, Inc.