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Management |ANALYSIS Featured

Analysts see Dressbarn closures as a key step for a positive future for Ascena Retail

New York - Ascena Retail Group (NASDAQ:ASNA) announced in late May its plans to sunset its Dressbarn, closing all its stores. The announcement followed months of speculation regarding a potential sale of the business. Is worth recalling that Ascena Retail Group has struggled for several years, accumulating a total debt that surpasses 1 billion...