Dressbarn is out of service and plans to close all his approx. 650 shops. The women's retail chain said Monday.
"For more than 50 years, Dressbarn has earned women's fashion needs and we thank all our dedicated partners for their commitment to Dressbarn and our valued customers," says retailer finance director Steven Taylor in a statement. "This decision was difficult but necessary as the Dressbarn chain has not been operating at an acceptable level of profitability in today's retail environment."
Dressbarn has about 6,800 employees, according to the company. An exact end time for the stores was not immediately announced. For now, the stores will remain open and customers can continue to shop online at Dressbarn.com, according to the announcement.
"We will work to help our employees through the transition and maintain existing relationships with our suppliers, suppliers and other key stakeholders through this process," Taylor said.
Dressbarn is owned by Mahwah-based Ascena Retail Group, which is the parent of brands including Ann Taylor, Loft and Lane Bryant. Ascena said in 2017 that it was close to closing hundreds of stores, as it applied to a battling brick and mortar market.
Ascena Retail Group grounded a 195,000-square-foot office on MacArthur Boulevard in Mahwah in 2013 after receiving $ 32.4 million in Grow New Jersey tax credit to move from Suffern, New York.
A spokesman for the company did not respond immediately to a mail on Monday night seeking more information.
Noah Cohen can be reached on [ncohen@nyadvancemediamedia. Follow him on Twitter @noahyc . Find NJ.com on Facebook .
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