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Ascena (ASNA) to Greet Fall with New dressbarn Store in CA
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With the fall season around the corner, Ascena Retail Group Inc. announced the introduction of its latest dressbarn store in California. The new store is located at Promenade at Downey, which is housed in 8980 Apollo Way, Downey.
As part of the store opening, the company announced free gifts for customers with every purchase. Also, shoppers at the store will have access to designer clothing and smart style solutions, along with personalized wardrobe advice from expert associates on the floor.
A wholly-owned subsidiary of Ascena, dressbarn is keen on enhancing customers’ shopping experience with its attractive, unique and reasonably priced product assortments ranging from sizes 4–24. Ascena currently operates over 830 dressbarn stores in the U.S.
Ascena has been on a roll in terms of store expansion. In fact, the company recently opened a dressbarn outlet in Columbus. Apart from dressbarn, the company has been implementing the store expansion strategy for its other brands as well.
Evidently, over the last weekend, Ascena opened two new Lane Bryant outlets, one each in New Jersey and Louisiana, alongside reopening a store in Delaware. Lane Bryant operates about 764 full-line and outlet stores in the country, targeting plus-size women aged 30−45, and caters to women's sizes 14–28. The brand also has an online presence.
With the consistent implementation of its store expansion strategy, Ascena aims to expand its presence and recognition across communities. As of the end of third-quarter fiscal 2016 and following the acquisition of ANN Inc., Ascena operates over 4,900 stores across the U.S., Canada and Puerto Rico.
However, this Zacks Rank #4 (Sell) stock closed trade at $7.98 yesterday, marking a decline of 1.9%.
Better-ranked stocks in the same space include Christopher & Banks Corp. and The Children's Place Inc. (PLCE - Free Report) , which sport a Zacks Rank #1 (Strong Buy) each, and Nordstrom Inc. (JWN - Free Report) , with a Zacks Rank #2 (Buy).
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Ascena (ASNA) to Greet Fall with New dressbarn Store in CA
With the fall season around the corner, Ascena Retail Group Inc. announced the introduction of its latest dressbarn store in California. The new store is located at Promenade at Downey, which is housed in 8980 Apollo Way, Downey.
As part of the store opening, the company announced free gifts for customers with every purchase. Also, shoppers at the store will have access to designer clothing and smart style solutions, along with personalized wardrobe advice from expert associates on the floor.
A wholly-owned subsidiary of Ascena, dressbarn is keen on enhancing customers’ shopping experience with its attractive, unique and reasonably priced product assortments ranging from sizes 4–24. Ascena currently operates over 830 dressbarn stores in the U.S.
Ascena has been on a roll in terms of store expansion. In fact, the company recently opened a dressbarn outlet in Columbus. Apart from dressbarn, the company has been implementing the store expansion strategy for its other brands as well.
Evidently, over the last weekend, Ascena opened two new Lane Bryant outlets, one each in New Jersey and Louisiana, alongside reopening a store in Delaware. Lane Bryant operates about 764 full-line and outlet stores in the country, targeting plus-size women aged 30−45, and caters to women's sizes 14–28. The brand also has an online presence.
With the consistent implementation of its store expansion strategy, Ascena aims to expand its presence and recognition across communities. As of the end of third-quarter fiscal 2016 and following the acquisition of ANN Inc., Ascena operates over 4,900 stores across the U.S., Canada and Puerto Rico.
However, this Zacks Rank #4 (Sell) stock closed trade at $7.98 yesterday, marking a decline of 1.9%.
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ASCENA RETAIL Price | ASCENA RETAIL Quote
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Better-ranked stocks in the same space include Christopher & Banks Corp. and The Children's Place Inc. (PLCE - Free Report) , which sport a Zacks Rank #1 (Strong Buy) each, and Nordstrom Inc. (JWN - Free Report) , with a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>