Topics regarding layoffs at Ascena Retail Group Inc.

Topics regarding layoffs at Ascena Retail Group Inc.

Will anything be left standing?

We've sold so many brands and closed so many stores in the last two years that I'm starting to wonder if there'll be anything left under the Ascena Retail umbrella within five years (and I'm being optimistic with that number). I know this is not a... — read more 

by
| 877 views | | no replies yet
Post ID: @OP+1g03NBWP

Full list?

Has anybody managed to find a full list of closing stores? Most of the online sources are focused on their specific city/area, so it's just partial listings all around.

Left In The Dark

Listen it's a challenging environment right now and I wouldn't necessarily fault the business if they declare bankruptcy but there needs to be some sort of communication made to the employees. We've all seen the news, we can guess at what's coming... — read more 

More Furloughs

More furloughs announced effective between May 15 and May 29 across company. Virtually all higher paid positions are still with the Company while most who actually do the work are being let go. If this was to conserve cash, they would unload VPs... — read more 

Any SSM Advice

I have been offered a job as a SSM for one of there stores . But after reading some reviews seems like company is not really a good company to work for Just looking for anyone who can give me the pros and cons .

Ascena is in crisis

This focus on talent is ridiculous they pay minimum wage get 6 hrs a week and treated horribly. A company on building up woman have adapted the mean girl attitude. It’s simple get stylish clothes that can be mixed and matched . Actually have the... — read more 

by
| 3083 views | | 5 replies (last February 6, 2020)
Post ID: @OP+10tGvsyZ

DressBarn closing

Ascena is terrible....Associates hear on the news that the store is closing...still waiting for some type of formal notice from company ....worked there for 2 years....now that they are closing offered an assoc. Manager position to help them as... — read more 

Fire Sale coming

Catherines Lane Bryant Justice are being offered to be sold in a similar offering as Maurices, with Ascena keeping 20-49% ownership. Positions will be eliminated and underperforming stores will be closed to make the offerings more attractive, (less... — read more 

by
| 3061 views | | 4 replies (last September 22, 2019)
Post ID: @OP+ZxI58nH

Earnings call recap:

We didn't learn or change a thing from a year ago except we used up all our cash on hand. The loses incurred wasn't our fault, our customers just aren't smart enough to buy our products at the time we put them out 3 seasons ahead. Leaving us with... — read more 

Dishonesty

I hope they reap what they sow. They cant get their distribution location under control 3 top managers in 3 years at just 1 location. . either they cant hire good people or they keep driving the good away.

by
| 1880 views | | no replies yet
Post ID: @OP+ZpbnsmP

Overextended ascena

The issue starts at the top. Jaffe is too busy trying to please Wall Street and not building the company. He visits his buddy Jim Cramer all the time. He is what he is, and acquisitions person who is extremely poor at running this company anywhere... — read more 

by
| 2048 views | | 1 reply (May 21, 2019)
Post ID: @OP+ZawM5hV

Dressbarn Layoffs

1000s of people will lose jobs. Ascena is closing all Dressbarn locations, people are losing their jobs. There is about 600 stores that will close, so do your math. Pick a number of layoffs, 5, 7, 10 per store. If you do not believe me check this out... — read more 

by
| 1681 views | | 6 replies (last January 5, 2020)
Post ID: @OP+ZapTnp3

Start a new thread - post a news comment, question or message:

: