Richmond retail roundup for 2020: A rocky year due to the pandemic
BizSense file)
The coronavirus pandemic ran roughshod over the retail sector in 2020.
A year defined by COVID’s economic disruptions spurred a slew of retailers large and small to declare bankruptcy or go out of business.
But there were signs of light despite the pandemic. Several out-of-town retail outfits made the jump into the Richmond area and a handful of neighborhood markets popped up during the year.
Here’s a roundup of the most notable Richmond retail news from the last 12 months:
Bankruptcies and closings
Richmond continued to be a popular choice for national retailers in search of a federal courthouse to file for bankruptcy protection. Here are the big out-of-town-based chains that filed locally in 2020: