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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.
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. -.-
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.
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.
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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