Ascena Retail Group Inc (NASDAQ:ASNA) Unveils Two New Stores

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Ascena Retail Group Inc (NASDAQ:ASNA) will be unveiling two new Lane Bryant stores in West Virginia and Florida.

Lane Bryant, a wholly-owned subsidiary of Ascena, is a brand that caters to plus-sized women, aged 30 to 45. They carry special sizes of 14-28 and have 764 stores across the United States.

The Florida store will be located in Westfield Citrus Park in Citrus Park. They will be opening on May 19. The West Virginia store is located at University Town Centre in Morgantown. They will be having a grand opening event on May 20 to 22.

Those who will be present in the stores’ opening will have the privilege to view the store’s latest collection and enjoy great deals and giveaways. Up for grabs are 25 Lane Bryant gift cards valued at $25 each, for each day of the opening weekend.

Ascena has been actively campaigning to expand their presence across the United States. Aside from Lane Bryant, their dressbarn stores have also seen renovations, relocations and new openings. The group is looking to add further to their roster of over 830 dressbarn stores across the country.

Last March, dressbarn relocated its store to Garner, North Carolina. They also hosted a Kentucky Derby Pop-Up Shop at the Louisville Marriott Downtown in Louisville Kentucky last May. The shop featured curated pieces from their DRESSBAR collection that were derby-ready. It ran from May 5 to 7 and offered free tote bags to shoppers.

Ascena Retail Grop’s Ascena Foundation is currently accepting nominations for the 2016 Roslyn S. Jaffe Awards. The Awards gives out financial grants to founders of organizations that have greatly impacted the lives of women in children, especially in the fields of health, education, social reform and self-esteem. This year, the Awards will grant $100,000 to the Grand Prize winner and two runner-up awardees will also be given $25,000. Nominations for the awards will be open up to June 15, 2016.

Ascena Retail Group is slated to announce their third quarter financial results on May 31, 2016.

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