Ascena Retail Group (ASNA) has closed all 2,800 stores and furloughed all associates - Source
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Ascena Retail Group (ASNA) to furlough all store associates and close to half of its corporate associates
March 30, 2020 4:08 PM EDTascena retail group, inc. (Nasdaq: ASNA) (ascena or the Company) today announced additional measures being taken to mitigate the financial impact of COVID-19.
Gary Muto, Chief Executive Officer of ascena commented, We have been continuously monitoring the impact of COVID-19 and are putting our associates, customers and community at the center of everything that we do. In light of the current environment, we have extended the temporary store closures and will continue to reassess as information becomes available. We are taking immediate steps to reduce costs and preserve cash so that we are... More
