Is the Dump furniture going out of business? The oddly named furniture store “Dump” is leaving New Jersey. This was done in support of a brand-new site just outside of Philadelphia.
The Dump made the Route 42 Turnersville location’s closure official in 2019. It disclosed the intention to relocate to a new, single-concept store in Oaks, Pennsylvania. They anticipate this plan will bring together the current location in Oaks and the ones in Turnersville.
E.J. Strelitz, president of The Dump, stated, “We sincerely regret closing Turnersville.” But with the building’s lease ending, he said this was an ideal opportunity to concentrate activities in this area. Also, the firm is looking to fill new positions at Oaks. And there will be opportunities for those willing to move to other locations in their system to join their Turnersville teammates.
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Is the Dump closing?
The Dump is a multi-state furniture retailer growing in metro Philadelphia 20 years ago. They declared in 2019 that the start of big sale events at their two local stores would be on March 15. This also applies to the store’s closure in Turnersville, New Jersey. The changes are being made to get ready for the launch of a brand-new, single-store destination idea at the firm’s outlet in Oaks, Pennsylvania. The chain’s other outlets around the United States will continue operating as usual.
The 89,000-square-foot Turnersville showroom at 5700 State Highway 42 will sell for almost $12 million in stock. To create space for the fresh idea, The Dump will simultaneously sell $8 million worth of merchandise from its store at 1800 East Dr. in Oaks, Pennsylvania.
In 2021, the business published on a social media platform, “Hello, Philly!” “We are leaving.” Our Oaks, Pennsylvania, the facility has become too small, so we’re leaving! Get the biggest savings on all in-stock items and floor models by shopping in-store immediately—these offers won’t last long!
Both locations will be open seven days a week during the event, breaking from The Dump’s practice of only being available on Fridays, Saturdays, and Sundays. Additionally, the sale will go on until all items are gone.
Two University of Pennsylvania graduates founded the off-price store with the unusual name. They are looking to overhaul the retail furniture sector. In 2019, the store will open nine other locations in significant U.S. areas.
E.J. Strelitz, president of the Virginia Beach, Virginia-based company, stated, “It’s ironic that Philadelphia, the market where we started our growth, now will have the prototype store for the
future.” Thus, the store will have a unique, innovative site that offers great value worth traveling for.
Strelitz mentioned that premium brands will be part of the new Oaks concept. To promote a no-pressure client experience, the products will have a lower margin structure, higher efficiency, and more salary-based roles. Brands that did not previously collaborate with us are now doing so because the retail industry is in trouble, he claims.”We will be more prepared than ever to capitalize on chance buying for our very brand-savvy clients.”
Did the Dump go out of business in 2023?
A discount furniture business called The Dump Furniture Outlet aims to provide clients with value. They achieve this by selling designer options for less, samples, closeouts, or underpriced options. Overall, customers had positive things to say about their visits to the landfill. Many people praise the good prices, given the caliber of the designs. However, there were some issues, mostly focusing on delivery in some instances and longevity.
The Dump is a big furniture business that offers customers discounts on overstock products, factory closeouts, showroom models, and trials. They are still regarded as moderate when compared with low-cost merchants. Their prices are frequently lower than those of the premium producers and stores from which they have bought. Furthermore, online customers who live far from one of their 13 locations or warehouses might have to pay more for out-of-area shipping.
The Dump has carved out a niche as a platform for the world’s top 100 luxury furniture manufacturers over the years. They made it possible to “dump” their ideas, overstocks, discounts, and design samples, said Mark Bannon, Director of Furniture Solutions at the New York-based Tiger Group. This group is managing the chain’s clearance event and is a furniture industry veteran.
Customers of The Dump profit from purchasing these goods at discounts of 30% to 70% from those offered by conventional stores. The retailer’s reduced three-day timetable with newer products appearing every Friday further boosted its low-margin business strategy.
The Dump has nine other locations, including those in Atlanta, Houston, Texas, Hampton, Norfolk, and Richmond, Virginia; metro Chicago (Deerfield and Lombard, Illinois); metro Dallas (Irving, Texas); and metro Phoenix (Tempe, Arizona).
When asked about the store’s closure and whether any new tenants could be interested in the site, Urban Edge Properties responded after some time. However, a description of the building on the business’ website indicates that the home furnishings retailer At Home is “coming soon.” The local website 42freeway.com was the first to report on the real estate swap rumors.
According to a company spokeswoman, the store normally stays open until all the inventory is gone.
Conclusion
The Dump, a Top 100 Haynes Furniture company, plans to open a common market store with a new idea. They are closing one Philadelphia market store and disposing of inventory at the other. Tiger Group, based in New York, oversees the clearance sale. The Dump welcomes visitors Friday through Sunday; however, during the sale, both showrooms in the Philadelphia region will be open seven days a week.
The Dump has nine other storefronts in significant metro markets. The Dump was well-known for selling premium brands at low prices. When asked about the modifications made by Furniture Today, Haynes did not answer right away.