Ascena is the latest retailer to be felled by the pandemic.
News & Analysis: Ascena Retail Group
Tanger just made the difficult decision to focus on the long term in the face of unprecedented headwinds. Here's why it was the right call.
A weakening retail landscape has sunk over a dozen big-name retailers so far, and there are plenty of candidates that may follow suit.
The brand is struggling.
The company will shutter, and not sell, the Dressbarn brand.
With debt weighing on the company, this rumor makes sense.
Shares of the struggling retailer slipped on a selloff across the retail industry.
The apparel retail leader had a tough month, but better days could be ahead.
The struggling retailer has found a buyer for one of its underperforming brands.
A downgrade by a credit rating agency adds to the woes.