
The Hampton Roads business environment is currently experiencing several shifts characterized by notable openings and closures. Downtown has welcomed a trendy cocktail bar and a unique art gallery, along with a handful of tech startups, and they are adding vibrancy to the city’s growing digital economy.
Despite these positive additions, several long-standing businesses, including a beloved local bakery and a dependable hardware store, have had to close their doors due to rising rents and stiff competition from online competitors. These occurrences undoubtedly reflect the dynamic nature of the local business sector, the impact of digitalization, and the need for businesses to adapt to survive.
There have been several notable inaugurations. The Plaza, renowned for its baked items, has begun operations in Virginia Beach. Bob’s Discount Furniture showroom is set to open its doors in Chesapeake on May 24. Gilmore’s Ice Cream Parlor has launched in Norfolk with its host of hand-scooped delights. The much-awaited Lucy’s Bookstore in Hampton is set to open on June 1, and Jenna’s Organic Market is gearing up to start business in Newport News on May 30.
A health-focused spice and kitchenware store opening at the Selden Market in Downtown Norfolk on April 5 will add to this flourish. Furthermore, a vintage clothing shop opened in Virginia Beach on April 6.
The culinary scene is also set to receive a delightful addition.
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