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Old 05-20-2019, 09:12 PM
 
23,294 posts, read 9,377,044 times
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Payless is still in its final stages. Now Dress Barn. Gymborree closed. Wonder who is next?

https://www.ctpost.com/news/ctpost/a...AsHb-JEVA9cqbo
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Old 05-20-2019, 11:22 PM
 
1,397 posts, read 1,271,195 times
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Dress Barn is part of a larger parent company, but I imagine it's getting really tough in retail apparel. Higher labor costs, higher real estate costs, lower quality of workforce (we're at peak employment), competing with online retailers who have lower costs, and now we have a trade war with a country where most of the manufacturing occurs. The times are definitely changing and they're changing faster than I realized.

My wife went back to the mall where we met (21 years ago) and it was just depressing to see the anchor tenants gone, 30% vacancies, and 50% of the stores were "swap meet-like" shops. Retail is tough.
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Old 05-21-2019, 10:57 AM
 
Location: Camberville
13,050 posts, read 17,911,093 times
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It's really a bummer. My coworkers and I were talking about Dress Barn today and most of the women (myself included) buy a large portion of our work wardrobes there. They're one of the few stores that has professional and dressy plus sized clothing, in addition to straight and petite styles.



I don't want to buy my clothes or shoes online - I need to try them on. There are precious few places I can go now to buy clothing and virtually nowhere that carries wide width shoes. I'm always told to look online. -.-
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Old 05-21-2019, 02:53 PM
 
1,397 posts, read 1,271,195 times
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Quote:
Originally Posted by charolastra00 View Post
It's really a bummer. My coworkers and I were talking about Dress Barn today and most of the women (myself included) buy a large portion of our work wardrobes there. They're one of the few stores that has professional and dressy plus sized clothing, in addition to straight and petite styles.



I don't want to buy my clothes or shoes online - I need to try them on. There are precious few places I can go now to buy clothing and virtually nowhere that carries wide width shoes. I'm always told to look online. -.-
My sister-in-law use to work for Kiyonna and they might have just what you're looking for. They are more expensive than your average clothier, but they are one of the few companies who manufacture in the United States (Orange County). She moved over to St. John Knits and my wife loaded up through all their friend's and family sales.

https://www.kiyonna.com
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Old 05-21-2019, 04:01 PM
 
Location: Berkeley, Denver, CO USA
15,158 posts, read 22,692,973 times
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Can you say "too much debt".
All these buyouts have created huge debt service loads.

I was shocked to hear about this closing as 'Muricans are getting fatter by the minute. The demand is clearly there.
Not shocked when I read about the debt load.
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Old 05-21-2019, 05:08 PM
 
Location: Aurora Denveralis
8,717 posts, read 4,067,203 times
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Originally Posted by davebarnes View Post
Can you say "too much debt".
All these buyouts have created huge debt service loads.
Isn't that usually hand in hand with all the residual value being siphoned into the investment company's coffers?

Buy it, move the pieces around so it's loaded with unpayble debt, put the cash value in your pocket, walk away, let it sink. Over and over.
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Old 05-23-2019, 04:30 PM
 
1,502 posts, read 313,787 times
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Quote:
Originally Posted by kwong7 View Post
Dress Barn is part of a larger parent company, but I imagine it's getting really tough in retail apparel. Higher labor costs, higher real estate costs, lower quality of workforce (we're at peak employment), competing with online retailers who have lower costs, and now we have a trade war with a country where most of the manufacturing occurs. The times are definitely changing and they're changing faster than I realized.

My wife went back to the mall where we met (21 years ago) and it was just depressing to see the anchor tenants gone, 30% vacancies, and 50% of the stores were "swap meet-like" shops. Retail is tough.
What type of woman buys her clothes in a "barn"?
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Old 05-23-2019, 04:35 PM
 
Location: Aurora Denveralis
8,717 posts, read 4,067,203 times
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Originally Posted by Annandale_Man View Post
What type of woman buys her clothes in a "barn"?
Um, yeah, moooo jokes have always been a part of the picture.

I was surprised to learn that they still have, and are closing simultaneously, some 640 stores. Ouch.
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Old 05-23-2019, 04:49 PM
 
7,810 posts, read 4,272,607 times
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Who wears dresses today on a regular basis?
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Old 05-23-2019, 05:03 PM
 
Location: Aurora Denveralis
8,717 posts, read 4,067,203 times
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Quote:
Originally Posted by Jo48 View Post
Who wears dresses today on a regular basis?
Well, speak for yourself.

The chain sold a full range of women's clothes.
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