NEW YORK (AP) — Dressbarn, the women's clothing chain that's been around for nearly 60 years, is closing all 650 of its stores.
The company's chief financial officer, Steven Taylor, said Dressbarn has not been operating at an "acceptable level of profitability in today's retail environment."
Dressbarn has locations at the Shoppes at Grand Prairie in Peoria and at the Shoppes at College Hills in Normal.
Its owner, Ascena Retail Group Inc., says it wants to focus on its more profitable brands. It also owns Ann Taylor, Lane Bryant and other clothing stores.
The company did not say when Dressbarn will shut all its stores. Dressbarn employs about 6,800 people.
