DressBarn

Dressbarn.com (branded as dressbarn) is an online retailer owned by Retail Ecommerce Ventures. Its predecessor is the former chain of women's clothing stores owned by Ascena, which operated as Dressbarn from 1962 until 2019. Since 2020, it is owned by Miami, Florida-based Retail Ecommerce Ventures.

Dressbarn
TypeSubsidiary
IndustryRetail (women's clothing)
FoundedFebruary 13, 1962 (Stamford, Connecticut)
January 1, 2020 (online)
FounderRoslyn Jaffe
Number of locations
650 (2019)[1]
Key people
Shayan Zadeh, CEO
Alex Mehr
Tai Lopez
ProductsWomen's apparel
OwnerRetail Ecommerce Ventures
ParentAscena Retail Group (formerly, 2011-2019)
Websitedressbarn.com

The first Dressbarn was opened in February 1962 by Roslyn Jaffe in Stamford, Connecticut. Jaffe stocked wear-to-work dresses and clothing for working women during an era of women entering the workforce in greater numbers.[2]

The company began trading on NASDAQ (symbol DBRN) in 1982. In January 2011, to reflect its broader holdings, the company was reorganized as a Delaware corporation named Ascena Retail Group, Inc.,with its NASDAQ symbol changed to ASNA in 2011.[3]

On May 21, 2019, Ascena Retail Group announced that its 650 DressBarn Stores would be closing, which occurred that December 26th.[4] Eventually, the Dressbarn brand was sold by Ascena to Retail Ecommerce Ventures, then newly established by Tai Lopez and Alex Mehr, with the site relaunched in 2020.[5][6]

On March 2, 2023, Retail Ecommerce Ventures, Dressbarn's current parent, announced that it was mulling a possible bankruptcy filing.[7]

References
  1. "Dressbarn is going out of business, will shut down all 650 stores". www.today.com.
  2. "Dressbarn, Women's Clothing Chain, To Close All Stores". NPR.org. Retrieved 2019-05-21.
  3. "Ascena Retail Group Inc". The New York Times. 2012-05-02. ISSN 0362-4331. Retrieved 2019-05-21.
  4. Taylor, Derrick Bryson (21 May 2019). "Dressbarn Closing All 650 Stores" – via NYTimes.com.
  5. "dressbarn: We are so excited to announce that under new ownership, dressbarn.com will continue to be open for business. Although all Dressbarn stores are winding down, we are so grateful for the opportunity to keep connecting with you and offering you great style throughout our new online adventure. Stay tuned for more!". Facebook. Archived from the original on 2020-04-28. Retrieved 2019-11-24.
  6. Fickenscher, Lisa (2020-02-27). "LA tech investor eyeing Blue Apron purchase". New York Post.
  7. "Owner of RadioShack, Pier 1 in danger of bankruptcy". New York Post. March 2, 2023. Retrieved March 2, 2023.
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