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Ascena Widens Q2 Loss, But Ann Taylor and Lane Bryant Show Signs of Strength

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Ascena Retail Group Inc. reported second-quarter results that showed sales declines and a wider loss, but the company insists it has a clearer focus after completing its portfolio review process. In a Nutshell: “During the second quarter we made solid progress on our commitment to simplify the business and focus on fewer and more meaningful…

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