Tuesday, February 23, 2010

DC's West Elm to Shutter

We've just learned via DCist and Washington Business Journal that the DC location of West Elm will be closing in the next month. According to store manager Dion Barela, " This location was just not as successful as they’d hoped.” Citing less than estimated tax revenues, the closure appears to also be due in part to the weak economy. Sadly large furniture retailers and smaller shops as well have not always had such an easy time making it in the District. Brazilian furniture store Artefacto had a similarly brief presence in Georgetown, and back in Penn Quarter it has come to light that Apartment Zero has not only relocated, but shifted their focus away from retail sales. And while the Penn Quarter location may not be as ideal for residential shoppers as other locations (such as what is becoming a fairly solid home furnishings district along 14th and U Streets, NW) the aforementioned Artefacto was across the street from Georgetown's popular Cady's Alley. Certainly there is hope that this is not a sign of turmoil for other furniture retailers, especially as the DC area's first Room & Board is slatted to open on 14th Street this spring, weeks after the West Elm closure.

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