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Hello everyone. Keith with Dying Retail visting the Dillard's East Coast Flag ship store in Norfolk, VA at MacArther Center Mall. This store, the largest in Virginia had an announcement back in June that it would be converted into an Outlet location, one of 30 they operate around the country.
The location is "restyling" into a Dillard's Clearance store. According to Dillard's, these stores are where you can shop for price reductions from your favorite designers. The top floors would be closed off.
This would be the only outlet store in Virginia. It's also not a good sign when the flagship store at a troubled mall is being converted.
At the time the announcement was made the City of Norfolk had made moves to purchase control of the entire mall complex. They are saying that they wanted control in the redevelopment options for the property. Dillards is known for owning their stores and when it was announced, the city approached Dillards about buying the property from them, which would give the city total ownership and control of the mall. They set aside $4 Million dollars towards purcashing the property. The store is 250,000 square feet and is three stories.
July 14th Wavy TV reported the store would close instead.
Two days after the city of Norfolk's Economic Development Authority voted to buy Dillard's at MacArthur Center, signs have gone up saying the store - which had recently announced a change to a clearance model - will be shutting down.
Dillard's officials have not returned multiple requests for comment.
The sign outside the store says, "STORE CLOSING: Thanks for the Memories," and then points people to other area stores as well as to its website.
Multiple Dillard's employees, not authorized to speak publicly, confirm they have been told by management that the store is now closing, but were given no reason as to why the change in plans. No date is indicated on the signs outside, but they were not there as recently as Thursday.
When they close, MacArthur Center will have no remaining anchor stores.
#dmod #dillards #closing #mall