Dress Barn Merger
Dressbarn.com is an internet retailer of women’s clothes. From 1962 to 2019, the brand was associated with Ascena’s chain of women’s clothing stores. Retail Ecommerce Ventures, Miami, Florida now owns it. This article will explain how to choose the best dressbarn for you. This article includes links to several online retailers. It is important to research different retailers before making a purchase.
The company has been in existence since 1962 when its first store was opened in Philadelphia. The company went public 25 years ago. However, the family that founded it is still involved. Over the years, the company has reinvented itself a number of times, including by turning into a specialty retailer, but has remained committed to the same core customers. David Jaffe, the company’s CEO, and Vivian Behrens, senior vice president and chief marketing officer, were brought in as the company’s new leadership.
The company also uses email marketing and social media to engage customers. They host live fashion shows that feature models and employees. Even fashion bloggers are invited to join the company’s social media accounts. The idea behind these efforts is to give customers a real, in-person experience while shopping. The company has noticed a significant shift in consumer behavior and has refocused its marketing efforts accordingly. The new strategy has helped the company’s online presence reach new heights.
The name of the store, “Dressbarn”, is a nod to American culture’s barn. Although the idea of a “dressbarn”, has been around for decades now, it still conjures up images of cow pies and cavernous spaces. It was surprising to discover that there weren’t any floral options available at the time I visited, but the store was stocked with a job advertisement. Hopefully that will change soon.
The company needed a bigger headquarters and a better distribution center as sales grew in the 1990s. They moved to a new facility in Suffern, New York, in 1994. It was in this new facility that the company would continue to run. It would be responsible for all distribution needs of the company. It also housed the company’s executive offices. The company was able start issuing its own credit card, which helped fuel its growth.
While its traditional brick-and-mortar locations have been impacted by the recession, Dressbarn has continued to grow despite the economic crisis. The company’s revenue has increased more than fourfold since April, when it was relaunched. It is now on track to reach $100 million in online sales within its first year. The company is clearly on the right track with its rapid growth rate.
Although Dressbarn has operated for decades, its current business model is not sustainable. Ascena Retail Group has recently sold its Maurices division to OpCapita. This drastic move was not justified by the company’s stores. Although these changes may be difficult for consumers, they are necessary for the company’s survival in the long-term. So, it may be a good idea to visit one of the remaining retail banners.
A successful online retailer like Dress Barn will provide many women with affordable designer clothes at a discount price. Dress Barn has been around for more than 50 years, and has thousands of locations across the U.S. Dress Barn offers an extensive range of clothing for women in all stages of their lives. This company has also expanded its business by buying other chains. For the last decade, it has been one of the most successful online fashion retailers. Its success largely depends on the diversity of its product line and the quality of the service it provides.
During the wind down process, customers can shop at Dressbarn’s stores and its e-commerce site as usual. The credit card of the brand will remain valid and will be honored. Customers will continue to be able use their Dressbarn credit cards until the winding down process is complete. The company hasn’t announced any closure dates yet, but said its vendors and suppliers will continue to receive payment for their services.
Despite its success, Dressbarn’s return policy is antiquated. The company won’t accept returns and customers are only given gift certificates for items that they don’t like. Dressbarn will continue to focus on athleisure and work-from-home fashions. Despite its shaky performance, the brand continues to stock popular items for its legacy customers. REV has recruited four former Dressbarn buyers who have a wealth of brand knowledge, sourcing experience, and a strong network.