More wide open space for outdoors shop

A Virginia-based outdoors gear and apparel shop is upping its game now that a national chain has come to town. It’s also likely opening a local outlet concept where customers can also order online while in the store.

Retail vacancy continues to rise

Vacancy for retail space in Richmond rose to almost 7 percent at the end of the second quarter. And that could mean banks might soon start taking back some retail properties if tenants don’t start signing leases soon. Meanwhile tenants who do sign leases are getting bigger discounts than six months ago.

Outfitter opening at West Broad Village in November

A national outdoor equipment and clothing chain is opening a store at West Broad Village in November. Recreational Equipment, Inc., known as REI, announced this morning the 26,500-square-foot store will cover two floors and offer camping, climbing, cycling, fitness, and hiking gear. The location is the company’s first in Richmond; they have two in Northern… Read more »