Jim Cramer on Ascena Retail: This Is a Sad Story

TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said  Ascena Retail (ASNA) - Get Reportis a sad story. The company owns Dress Barn and Ann Taylor. "They said the secular headwinds are just too great right now," Cramer said. "They have 4,900 stores - I would not want to be their landlord right now."

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