Tysons has long been one of the mid-Atlantic’s largest retail hubs, with two major malls and a series of strip centers drawing shoppers from around the region.
Now as the retail industry around the world is adapting to disruptions from e-commerce to the coronavirus pandemic, the face of the retail market in Tysons is changing. A series of new moves in the market, from longtime store closures to first-time openings to mall redevelopments, highlight how the Northern Virginia edge city is entering a new generation of its retail life cycle.
Two large stores that have operated for over a decade are closing in the coming months. L.L. Bean next week plans to close its 76K SF space at the Tysons Corner Center Mall, a store that marked its first expansion out of Maine when it opened in 2000. Next month, Bed Bath & Beyond plans to close its 56K SF store at 2051 Chain Bridge Road, a standalone retail location that opened in 2010. The shuttering is part of a wave of more than 35 closures for the home improvement retailer.
Click here to read the rest of the article written by Jon Banister over at Bis Now