The Belgian company plans to close or sell all 128 of its North America stores by the end of March due to the drop in foot traffic during the pandemic.
Retail
Local juice bar chain signs first retail lease at Westhampton Commons
The Pit and The Peel will join two office tenants in the mixed-use project rising on the site of the old school property at 5800 Patterson Ave.
LaDiff-anchored Watkins-Cottrell buildings hit market for $10.5M
The furniture store will stay open in the space for at least the time being but the owners are mulling retirement.
Wellness brand brewing new coffee-and-tea store in Regency mall
D’Haiti Wellness, which has operated online since 2019, plans to open a retail location in the West End shopping center in April.
Container Store opens first Richmond area location in Short Pump
The retailer took 19,000 square feet at 11732 W. Broad St. In other Short Pump news, burger chain Five Guys plans to open a restaurant at 12300 W. Broad St.
Lumber wholesalers’ new retail concept puts down roots in Richmond
“It’s a bit of a Tuesday Morning, TJ Maxx, Marshalls, Home Goods of lumber,” Sawmill Surplus co-founder Dante Diorio said.
Jordan Point Yacht Haven near Hopewell changes hands for $1.35M
The new owner plans to relocate Davis Watersports from his family’s car dealership north of Chester to the Prince George marina.
Project Snapshot: Construction starts on Carvana ‘car vending machine’ tower
Rising across Interstate 195 from TopGolf, the multistory structure will be Carvana’s first in Virginia and its first storefront in the Richmond market.
IHOP and Michaels open new locations in Willow Lawn shopping center
The breakfast chain took over the former SaltBox Oyster Co. space and the art supply retailer filled 20,000 square feet formerly home to A.C. Moore.
Paper Source latest national retailer to file for bankruptcy in Richmond
The stationery chain, which has a shop in Carytown, is at least the eighth big out-of-town brand to seek protection in the local federal courthouse.