Retailer Dressbarn calls it quits

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Dressbarn announced plans to wind down retail operations that include stores in Delaware.

The 650-unit chain of moderately priced closing stores has locations in Bear, Middletown, Rehoboth, and suburban Wilmington.

All Dressbarn stores are open and conducting business as usual, as is Dressbarn’s e-commerce site. Customers can continue to shop at Dressbarn in-store and online and use Dressbarn-branded credit cards for purchases. There are no current changes to Dressbarn’s return, refund, or gift card policies.

Dressbarn is part of a company that also owns Ann Taylor, LOFT, Lane Bryant and other retailers.

The closing is more bad news for shopping centers that have seen a wave of closings of small and mid-sized chains.

Steven Taylor, Chief Financial Officer of Dressbarn, said, “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. 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.”

Dressbarn has retained A&G Realty Partners to assist on real estate-related matters.

Dressbarn offers an assortment of women’s clothing. It has about 650 stores across the United States and employing approximately 6,800 associates.

The single store in Stamford, Connecticut grew into a nationwide chain.

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