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Dressbarn closing all 650 stores
general mishka
Registered User
User ID: 501426
05-21-2019 07:36 PM

Posts: 6,292




Post: #1
Dressbarn closing all 650 stores
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https://www.msn.com/en-us/money/companie...spartanntp


Ascena Retail Group said Monday it's winding down its Dressbarn business and plans to shut all 650 or so of the women's clothing stores
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LoP Guest
lop guest
User ID: 427988
05-21-2019 07:37 PM

 




Post: #2
RE: Dressbarn closing all 650 stores
Who needs dresses.. the economy has never been stronger!
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LoP Guest
lop guest
User ID: 501856
05-21-2019 07:37 PM

 




Post: #3
RE: Dressbarn closing all 650 stores
I've never heard of them. It must be tri-state only.
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general mishka
Registered User
User ID: 501426
05-21-2019 07:39 PM

Posts: 6,292




Post: #4
RE: Dressbarn closing all 650 stores
LoP Guest  Wrote: (05-21-2019 07:37 PM)
I've never heard of them. It must be tri-state only.

The ones here in the Mid West are in Big Box plazas, and my local one is bigger than the Best Buy next door to it
(This post was last modified: 05-21-2019 07:40 PM by general mishka.) Quote this message in a reply
piequal3because14
Angel of Love from Heaven
User ID: 499319
05-21-2019 08:31 PM

Posts: 10,686




Post: #5
RE: Dressbarn closing all 650 stores
Just as expected the economy is in full downfall and small local business and even some of the big ones go bankrupt and closing.

The nay sayers will invoke that now it shows the real economy .

Bullshit.

Give them cheap food and they'll be satisfied.That low things have gone.

Keeping the same economical laws and mechanism in the new reality can be worst than a nuclear bomb.



Look into my eyes to see a Paradise of Love

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LoP Guest
lop guest
User ID: 481893
05-21-2019 09:06 PM

 




Post: #6
RE: Dressbarn closing all 650 stores
LoP Guest  Wrote: (05-21-2019 07:37 PM)
Who needs dresses.. the economy has never been stronger!
Not enough Millennial Men buying dresses to keep the doors open?
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Treebeard
Registered User
User ID: 479750
05-21-2019 09:33 PM

Posts: 1,529




Post: #7
RE: Dressbarn closing all 650 stores
import tariffs didnt help

Tariff impact: China tariffs could force 'widespread store closures' and put $40 billion in sales at risk
https://www.caller.com/story/news/2019/0...749044002/
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LoP Guest
lop guest
User ID: 501238
05-21-2019 09:34 PM

 




Post: #8
RE: Dressbarn closing all 650 stores
Treebeard  Wrote: (05-21-2019 09:33 PM)
import tariffs didnt help

Tariff impact: China tariffs could force 'widespread store closures' and put $40 billion in sales at risk
https://www.caller.com/story/news/2019/0...749044002/

So the tariffs put American workers at risk? Out of work?
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The ghost of capn´crunch
Registered User
User ID: 499472
05-21-2019 09:35 PM

Posts: 5,062




Post: #9
RE: Dressbarn closing all 650 stores
no one wins in a trade war,

it all comes down to who can suffer the most pain,

[Image: images?q=tbn:ANd9GcRPbhcJw8mRypdGTnCJHq_...tpxGqpjEbw]
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LoP Guest
lop guest
User ID: 481893
05-21-2019 09:36 PM

 




Post: #10
RE: Dressbarn closing all 650 stores
LoP Guest  Wrote: (05-21-2019 09:06 PM)
LoP Guest  Wrote: (05-21-2019 07:37 PM)
Who needs dresses.. the economy has never been stronger!
Not enough Millennial Men buying dresses to keep the doors open?
They did when Obama was in office.
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LoP Guest
lop guest
User ID: 501238
05-21-2019 09:37 PM

 




Post: #11
RE: Dressbarn closing all 650 stores
LoP Guest  Wrote: (05-21-2019 07:37 PM)
I've never heard of them. It must be tri-state only.

I worked at the Dress Barn in Cupertino, California for three months back in 2003. Long since been closed.
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Gracie
Registered User
User ID: 501555
05-21-2019 10:00 PM

Posts: 72




Post: #12
RE: Dressbarn closing all 650 stores
general mishka  Wrote: (05-21-2019 07:36 PM)
https://www.msn.com/en-us/money/companie...spartanntp


Ascena Retail Group said Monday it's winding down its Dressbarn business and plans to shut all 650 or so of the women's clothing stores

From your link:

"Dressbarn, which has been around for more than five decades, has struggled to grow in apparel retailing as more women steer toward fast-fashion retailers such as H&M and Zara, off-price chains such as TJ Maxx and Ross Stores, and even Target. Amazon also continues to take a larger share of the apparel market online."


People have been spending less money on clothing for decades.


3 notable trends in the retail apparel industry
Apparel companies are hanging by a thread as consumers spend less money on stocking their closets, preferring to express themselves through social media rather than by what they wear and favoring weekend getaways over new clothes.

Apparel companies at both ends of the spectrum—big name brands to new wave upstarts—are folding as people buy less clothes. As noted by Bloomberg, apparel’s decline has been in progress for decades: four decades ago, clothing accounted 6.2% of U.S. household spending, according to government statistics, but today, it’s only half that.

People would rather travel, dine out and have more experiences rather than buy more clothing, and more money is going toward media content and data charges too, noted Bloomberg.
https://www.visioncritical.com/blog/reta...rel-trends
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LoP Guest
lop guest
User ID: 501767
05-21-2019 10:54 PM

 




Post: #13
RE: Dressbarn closing all 650 stores
Does this mean people are becoming slobs?
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LoP Guest
lop guest
User ID: 481893
05-21-2019 10:55 PM

 




Post: #14
RE: Dressbarn closing all 650 stores
Amazon Retail Graveyard.
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LoP Guest
lop guest
User ID: 501149
05-22-2019 12:21 AM

 




Post: #15
RE: Dressbarn closing all 650 stores
Women can't afford dresses after paying $695 for a Kardashian trashcan for the guest bathroom
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