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Closing time for The Limited stores
Apparel retailer The Limited is out of the brick-and-mortar retail business. The ailing chain, which has quietly been closing stores around the country for the past couple of weeks, announced the news with a short statement on its website on Friday, Jan. 6. The move was not unexpected. Limited has struggled amid increased competition from fast-fashion upstarts, both offline and online. -
New center set to rise in Richmond
A site near the entrance to Innsbrook Office Park in Glen Allen, Virginia, north of Richmond, has been slated as the home of Dominion Shoppes at Innsbrook, a project of Dominion GA, LLC. In a deal brokered by Cushman & Wakefield/Thalhimer, Dominion acquired the 2.4-acre tract from Doswell Properties for $2.9 million. The planned center is 100% pre-leased to tenants including Starbucks, Blaze Pizza, American Family Care, and Noodles & Company.