Virginia locations included in shuttering
Soft Surroundings is a national women's clothing retailer and home goods store. There are only 2 locations in the Commonwealth, Fairfax Corner 1948 Grand Commons Avenue Fairfax, VA 22030, and Short Pump Town Center11800 West Broad Street, Suite #1064Richmond, VA 23233.
IHeartits recently announced that South Surroundings has filed for bankruptcy and will close 100 percent of its retail stores and has filed for Chapter 11 bankruptcy. The company has been unable to stay afloat and will be selling its online brand Coldwater Creek.
Court documents show the company has just $50,000 in assets and less than $750,000 in cash on hand but they carry between $50 million and $100 million in liabilities.
Soft Surroundings began as a catalog-based company in 1999 and expanded to brick-and-mortar stores in 2005. There once were 70 locations, but a few years ago underperforming stores were closed. The 44 that remain will close in the coming months but no specific date has been given at this time. The Wall Street Journal says all retail stores should be shuttered by February 2024.