Dressbarn, a clothing retail chain specializing in women’s career wear, is closing all of its 650 stores, including its Santa Clarita Valley location on Golden Valley Road.

Parent company Ascena Retail Group, which also owns Ann Taylor, Lane Bryant and LOFT, announced the closures in May 2018.

As of May 2018, there was no official timeline for the shutdown — details of the closing of individual locations are set to be shared on a store-by-store basis, as well as information on job losses. 

Store associates at the Santa Clarita location off of Golden Valley Road have not yet been informed of their closing date, however a store representative did confirm that they were expecting the information to be announced sometime in July.

Dressbarn currently employs roughly 6,800 employees, a majority of which are likely to be out of work after the official collapse of the brand.

The brand’s Chief Financial Officer Steven Taylor called the decision necessary due to poor performance. 

“The Dressbarn chain has not been operating at an acceptable level of profitability in today’s retail environment,” he said in a May statement.

The rise of e-commerce platforms has led to major financial challenges for Ascena. The company has posted more than $1 billion in losses in the last four years and is currently managing about $1.6 billion in debt, according to Bloomberg.

In the meantime, the Santa Clarita Dressbarn remains open and conducting business as usual, as is Dressbarn’s website. 

Customers can continue to shop at Dressbarn in-store and online and use Dressbarn-branded credit cards for purchases. There are no current changes to Dressbarn’s return, refund, or gift card policies.

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