Ascena Retail Group Inc., a leading specialty retailer of apparel for women and tween girls, has announced plans to commence ecommerce fulfillment operations in the former Greencastle distribution facility, beginning spring 2014.
Ascena, which acquired Charming Shoppes Inc. in June 2012, operates through its subsidiaries the distribution needs of the company's Justice, Lane Bryant, maurices, dressbarn and Catherines brands.
The company has invested in material handling equipment and IT systems to transform the 126-acre Greencastle campus in the former IBM building along Indianapolis Road to become its national ecommerce fulfillment center.
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The Indiana Economic Development Corporation has offered Ascena conditional tax credits and training grants based on the company's job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives.
The city of Greencastle approved additional property tax abatement and other incentives at the request of the Greencastle/Putnam County Development Center Inc.
