-
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
Norfolk In “Early Negotiations” With Pharrell’s Team For Military Circle Redevelopment
Some other familiar names are part of Wellness Circle, LLC, including Armada Hoffler, Live Nation, Venture Realty Group, and the YMCA of South Hampton Roads.
Most Read
More Stories
Virginia Beach Is One Of The Best Cities For Women
The analysis focused on two fundamental dimensions: “Women’s Economic &...
Weather
Donate to TheVBJ!
Lewis The Legend Wins Title Number 6
The British legend capped off his 6th championship on Sunday, leaving him one shy of the record.
Hampton Roads Cities: Among The Best For First-Time Home Buyers In 2023
As part of the vibrant metropolitan area, these cities benefit from a wide range…
New Protections for Virginia’s LGBT+ Go Into Effect Today
The Virginia Values Act provides protections on the job, in housing, and more.
New Luxury Apartments Going Up In Downtown Norfolk
The ground floor will hold parking and retail space, and the five floors above will feature the 273 luxury apartments.
Virginia Establishes LGBTQ+ Advisory Board
As an advisory board in the executive branch.
