Durham's Ashley Furniture to close -- what's next for Westgate Plaza?
June 30, 2010
In what's got to be the least-surprising retail move of the year, Ashley Furniture HomeStore is announcing the closure of its south Durham location, with a liquidation sale starting in July, according to a story in Furniture Today.
Make that "lease-surprising," maybe.
The Shopping Center Group -- owners of the Westgate Plaza adjacent to the old South Square Mall site -- had listed the Ashley Furniture retail space as being for-lease since at least January 2009. The company did not respond to an inquiry from BCR at that time about the property's fate. (The plaza is now apparently represented by one Sam Spiegel of Deerfield Beach, Fla.-based Samco Properties.)
In shutting its doors, Ashley will join a wide range of businesses, including Circuit City (chainwide bankruptcy) and Applebee's (2005 closure, reopening at Patterson Place) to have left the center in recent years.
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