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Lane Bryant

Business
Michaels To Open New Store At Bustling Plaza In Westchester Michaels To Open New Store At Bustling Plaza In Westchester
Michaels To Open New Store At Bustling Plaza In Westchester National retail chain Michaels has officially committed to opening an all-new location at a busy shopping plaza in Westchester. The arts and craft retail giant has committed to opening a 22,000-square-foot store at Post Road Plaza in Pelham Manor at the intersection of Boston Post Road (Route 1) and Pelham Parkway, commercial real estate firm Levin Management Corporation announced on Tuesday, March 26.  The new store's announcement follows the closing of another nearby Michaels location, and "underscores the strength of this dynamic Westchester County retail corridor," according to&nbs…

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by Ben Crnic
Business
DressBarn Going Out Of Business, Closing All 650 Stores DressBarn Going Out Of Business, Closing All 650 Stores
DressBarn Going Out Of Business, Closing All 650 Stores DressBarn, the women's clothing chain, is closing all 650 of its stores after being in business for nearly 60 years. Parent company Ascena Retail Group said it plans to focus on its more profitable brands, such as Ann Taylor and Lane Bryant. DressBarn CFO Steven Taylor said the chain "has not been operating at an acceptable level of profitability in today’s retail environment.” The closures won’t take place immediately and the company did not say when the stores are expected to shut down. In the meantime, in-store and online sales will continue, Dressbarn said. DressBarn said that em…

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by Joe Lombardi