MAHWAH, N.J., 2016-Oct-26 — /EPR Retail News/ — ascena retail group, inc. (NASDAQ:ASNA) (the “Company” or “ascena”) announced today (Oct. 25, 2016) that Elliot S. Jaffe, the Company’s Co-Founder and Non-Executive Chairman of the Board of Directors, notified the Company’s Board of Directors (the “Board”) on October 19, 2016 of his intention not to stand for…