Ascena Hopes to Save 7,500 Jobs from Fashion Bug Closing

Fashion Bug stores are being closed by 2013

Philadelphia—While Ascena Retail Group, which recently acquired Charming Shoppes, may be planning to shutter its Fashion Bug stores, David Jaffe, Ascena’s ceo, said this week he hopes to preserve about 7,500 jobs that could have been lost when Fashion Bug, and Charming’s Bensalem, Pennsylvania, executives offices close.

In an interview with the Philadelphia Inquirer, Jaffe said Ascena, parent of dressbarn, maurices and Justice stores, is committed for at least three years to the Bensalem office.

During that time, Ascena will be looking to eliminate duplications in administrative jobs between the Bensalem office and its headquarters in Suffern, New York.

Jaffe couldn’t say how many jobs might be lost when the Bensalem office eventually closes, but he indicated that based on previous acquisitions few jobs might be lost.

“We’re not focused on eliminating jobs. We’re focused on running the business as effectively as we can,” Jaffe said.

Moreover, with expansion plans underway for Ascena’s brands and the newly acquired Lane Bryant and Catherines, Jaffe said “with this growth comes the need for more people.

In fact, many of the Fashion Bug employees may find jobs at Ascena’s other retail brands.

“What we have is a plan in place to engage these associates with job postings as well as an interview process that can get them in front of the other brands,” Jaffe said.

 

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  • Vijaya Satyanand

    yes its a lovely store 

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