Monday, April 29, 2019

Justice, Lane Bryant parent Ascena Retail Group at low ebb

The Columbus Dispatch
A big retailer with two nationally known brands based in central Ohio is in big trouble.

Share prices have plummeted, debt has skyrocketed, market capitalization has plunged and comparable store sales at one of its two national chains have declined precipitously.

No, it’s not L Brands. It’s Ascena Retail Group, the parent of Lane Bryant and Justice, both based in Columbus. . . . more