I think the Ann Taylor acquisition would benefit ascena if they looked at the things that Ann Taylor does well and try to get some of the Ann Taylor customers to purchase the other brands such as Justice for their daughters and granddaughters. The... — read more
Ascena Retail Layoffs 2018
Cannot believe it? Really? Layoffs again in Mahwah.
ascena layoffs today thur 6/15 (10 exec plus 200 assoc)
We are having layoffs right now - it'll be announced soon - ascena retail will lay off 10 executives. In addition, 200 more associates will be laid off. Plus Fashion Segment home office is fairly hit and also there will be cuts to Global Sourcing... — read more
Sweat shop
It is a sweat shop!!! We are forced to work the jobs of three each because of lack of hours given to stores... we are forced to do major floor moves ... that include lifting far and beyond what the job calls for... forced to be the handy man's we are... — read more
Laid off
After several years of top tier performance ascena let me go. The decision to eliminate my job made zero sense and I felt like I was thrown away like a piece of rotten trash. Hmmmm. They only have 300m in the bank and 1.6b in debt. The Ann Taylor... — read more
Store Closures in 2017: Ann Taylor and Loft, Maurices, Justice, Lane Bryant, and Catherines
Is this ever going to stop? Here is what The Cowen Research newsletter had to say about Ascena: Our analysis indicates mass yielding closures of 20% at oversized chains. Traffic is likely most pressured at C growth potential at ROST, TJX, ULTA, WMT. — read more