The struggling retail group said COVID-19 severely disrupted its turnaround progress.
"The decision was difficult, but necessary, as the Dressbarn chain has not been operating at an acceptable level of profitability."
Owner of Lane Bryant adds Ann Taylor and Loft brands, creating a firm with more than 4,900 stores.
TVGN, Ascena Retail Group, Fifth Street Finance, Culligan, Extended Stay America, Florida Citrus Sports, Layne Christensen, Ballantyne Strong, Infogroup
TVGEN, Ascena Retail Group, Fifth Street Finance, Culligan, Exended Stay America, Florida Citrus Sports, Lyne Christensen, Ballantyne Strong, Infogroup