After more than 30 years in business, a Carytown retailer is saying goodbye.
Pink, a women’s fashion boutique at 3158 W. Cary St., will close Feb. 9.
Pink opened in the 1,800-square-foot space in 1983. Owner Libby Sykes joined the business in 1992.
“It’s been a roller coaster,” Sykes said. “Between 1992 and 2003, we were constantly increasing our sales, and then the malls came.”
Short Pump Town Center and Stony Point Fashion Park both opened in 2003.
Sykes said sales picked back up between 2006 and 2008 but, amid the onset of the recession, again slowed beginning in 2009. The business started to come back in 2012 but couldn’t regain its pre-recession momentum.
Sykes credited Deborah Boschen, who oversaw the business for 25 years, for much of Pink’s success. Boschen left Pink in August 2013 to open a women’s clothing store, Verdalina, at 325 W. Broad St.
“We had a good run,” Sykes said. “The retail industry is changing fast. I figure it’s time for me to move over and let someone else take over.”
After more than 30 years in business, a Carytown retailer is saying goodbye.
Pink, a women’s fashion boutique at 3158 W. Cary St., will close Feb. 9.
Pink opened in the 1,800-square-foot space in 1983. Owner Libby Sykes joined the business in 1992.
“It’s been a roller coaster,” Sykes said. “Between 1992 and 2003, we were constantly increasing our sales, and then the malls came.”
Short Pump Town Center and Stony Point Fashion Park both opened in 2003.
Sykes said sales picked back up between 2006 and 2008 but, amid the onset of the recession, again slowed beginning in 2009. The business started to come back in 2012 but couldn’t regain its pre-recession momentum.
Sykes credited Deborah Boschen, who oversaw the business for 25 years, for much of Pink’s success. Boschen left Pink in August 2013 to open a women’s clothing store, Verdalina, at 325 W. Broad St.
“We had a good run,” Sykes said. “The retail industry is changing fast. I figure it’s time for me to move over and let someone else take over.”