-
Glen Pearson
Virginia Beach, New York, and Austin were expected to gain from the newest round of expansion.
Home decorating giant Philadelphia Ltd has canceled plans for new outlets in several cities throughout the country, including Virginia Beach.
The Philadelphia based company has expanded into new markets in previous years both here and abroad, and was expected to establish a foothold in Hampton Roads in one of the upcoming construction projects in Town Center. Two other new outlets were planned for New York and Austin, Texas.
The move happens amid a reshuffle in the company’s upper echelons and the departure of CFO Andrew Parkland. Representatives for the company have not offered any explanation for the change in plans, and refused to comment when contacted by THEVBJ.
Why It Works
text.
Notes on Pennsylvania Litd
- Headquartered in Philadelphia
- PHLT (NYSE): $70.15
- Named after a long-distance B&0 Railroad train.
Share This Story
More Stories
Sampling The Region’s Favorite Bakeries
Chocolates, cakes, pies—Oh my!
Most Read
Most Read
More Stories
The Joint Use Library
Here's what you've been missing at the region's top library
Norfolk International Airport Prepares for Major Upgrades
With plans for nearly $700 million in construction...
Weather
Donate to TheVBJ!
Virginia Called The Best State For Business
Virginia’s economy is a powerhouse, with diverse industries ranging from technology…
Hall Of Famer Bruce Smith To Build Apartment Complex Near Scope
On Tuesday Norfolk City Council passed an ordnance permitting the sale of the parcel at the southeast corner of East Brambleton Ave and St. Paul’s Blvd to Bruce Smith Enterprise, LLC.
Dolly Parton’s Imagination Library Expanding In Virginia
According to the bill, the program will ensure that every registered child…
Clear A Stuffy Nose Without Medicine
One of those things you’ll wish you’d learned as a kid.
Men’s Health Says Virginia Beach Is America’s 20th Fittest City
Researchers at the popular Health magazine used Centers for Disease Control and Prevention guidelines…
Shape the Future of Virginia Beach: The 2040 Comprehensive Plan Survey
Virginia Beach is preparing for the future, and your help is needed…
