Hampton Roads undergoes business landscape shifts

by / ⠀News / April 4, 2024
"Business Landscape Shifts"

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.

Business openings and closures in Hampton Roads

A South Floridian restaurant known for its unique mac and cheese bowls and grilled cheese sandwiches is expected to open in Virginia Beach on April 15. The restaurant’s menu features various comfort food items, set in a cozy ambiance, perfect for casual outings and hearty weekend brunches. Residents are eagerly looking forward to the opening.

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Fashion and food enthusiasts have a lot to celebrate as well. A high-end women’s fashion boutique started in Williamsburg on March 1, and an Asian fusion restaurant began service on March 8. A unique women’s clothing store opened in Stamford on March 15, and a French cuisine restaurant welcomed customers in Stamford on March 22nd. Burlington has also added a new store in Norfolk.

Unfortunately, not all changes have been positive. White’s Nursery shut down its wholesale operations in Chesapeake’s Deep Creek area. Despite this, the company pledges to focus on providing quality and personalized gardening solutions through the continued operation of the garden center.

Residents are urged to stay informed about the latest business openings and closures in the area, which greatly impact local services and job availability. It’s also important to adhere to any health and safety guidelines set by new businesses, as protocols may differ from business to business.

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