A Carytown retailer is closing after three years in business.
Modern Artifacts at 3039 W. Cary St. plans to close before May 31, owner Bill Montgomery said this week.
Montgomery and his wife, Sharon, opened the shop in March 2012. It sells decorations, gifts, jewelry and art.
Montgomery said Modern Artifact’s three-year lease is expiring, and he didn’t want to commit to a long-term lease.
“If we could have bought the building, we might stay open,” he said. “Then we could have closed anytime we wanted and leased the store to someone else.”
On April 1 the Montgomerys announced they were holding a going-out-of-business sale. The announcement was followed by the store’s second-best day of sales ever.
“We’ve sold 70 percent of our inventory in 16 days,” Montgomery said. “The fixtures are also for sale.”
Montgomery said he didn’t know what would replace Modern Artifacts in the Carytown space. Spotts & Carneal is handling the leasing of the 5,300-square-foot storefront, according to signs in the window.
Montgomery said he is fortunate because he also has money coming in from rental properties and didn’t depend on Modern Artifacts as his sole source of income.
“My wife had always had this on her bucket list,” Montgomery said of the shop. “It was fun, then it got routine, and then it got less fun.”