Mount Laurel Dressbarn Among 28 Set To Close In New Jersey

MOUNT LAUREL, NJ — A popular retailer has announced it’s shutting down and closing all 650 stores, including one in nearby Mount Laurel.

Dressbarn, which employs about 6,800 people, has not announced when it will begin shutting down its stores. Parent company Ascena Retail Group, Inc. announced the "wind down" of operations on Monday.

"All Dressbarn stores are open and conducting business as usual, as is Dressbarn's ecommerce site," the company said in a press release Monday. "Customers can continue to shop at Dressbarn in-store and online and use Dressbarn-branded credit cards for purchases. There are no current changes to Dressbarn's return, refund, or gift card policies."

The Mount Laurel Dressbarn is located in Centerton Square, 18 Centerton Road. Read more here: 28 Stores Closing, Nearly 1,000 More Layoffs In NJ Coming Soon

CFO Steven Taylor called the Dressbarn decision "difficult but necessary" as the stores were "not been operating at an acceptable level of profitability in today's retail environment."

"For more than 50 years, Dressbarn has served women's fashion needs, and we thank all of our dedicated associates for their commitment to Dressbarn and our valued customers," Taylor said. "During the wind down process, we will continue to provide our customers with the same great experience both in-store and online, offering them even better deals and value. We will work to assist our associates through the transition and maintain existing relationships with our vendors, suppliers, and other key stakeholders through this process."

The company said Dressbarn employees will be notified when decisions are made about individual store closures and given "transition support." Dressbarn also said it will continue paying its vendors and suppliers in full for products and services provided during the wind down process.