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September 23, 2019Cart

Business

by Westchester County Business Journal
by WCBJ

Dressbarn to wind down business, shut 660 stores

Photo courtesy Mike Mozart / Creative Commons

Dressbarn, a women’s clothing retailer that opened with a single store in Stamford in 1962 and grew into a 660-unit national chain, has announced plans to shutter its retail operations.

The company, which also operates stores under the Roz & Ali brand, did not offer a timeline regarding specific store closings. The company, which employs approximately 6,800 individuals, retained A&G Realty Partners to assist on the real estate-related matters connected to the termination of the business.

“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,” said Steven Taylor, chief financial officer of Dressbarn. “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.”

Regionally, Dressbarn’s Fairfield County presence includes stores in Danbury, Norwalk and Shelton, while its New York presence includes locations in Carmel, Greenburgh, Nanuet, Newburgh, Pelham, Port Chester, Poughkeepsie, Scarsdale and Thornwood.