- 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
Virginia’s Largest Metropolitan Areas
Like many states, the demographics of Virginia have been shifting this century…
More Stories
New Maker Space Coming To Norfolk’s Pretlow Library
It will be similar to Slover Library's maker studio.
Virginia Beach Is One Of The Best Cities For Jobs
WalletHub focused on three key dimensions: Caring for the Community...
Weather
Donate to TheVBJ!
How Norfolk Plans To Prepare For Rising Waters
Like many other coastal cities in the United States, Norfolk…
Town Center Block 11 Completed On Schedule
Another tall tower goes up, offering retail, luxury apartments, and office space.
1.2 Million Square Foot Hydroponics Operation Coming To Virginia Beach
The site will also be the location of One Matters Inc., a new nonprofit…
Shenandoah – Life Insurance
Hampton Roads life insurance agent Shenandoah.
Norfolk International Announces New Breeze Flights To San Diego
WalletHub focused on three key dimensions: Caring for the Community…
A Handy Tool For Deciding Where To Harvest Wild Clams
The shellfish harvesting area map maintained by the state shows you where it’s safe and legal to go clamming.