News Summary
Lexington is experiencing significant changes in its retail landscape with the upcoming closures of Draper James and Forever 21, while a new shopping center anchored by Target is set to open in 2026. Draper James is bidding farewell with a special discount for loyal customers, contributing to a bittersweet atmosphere. Meanwhile, Forever 21 faces uncertainty as it may close its Fayette Mall location amid financial challenges. Despite the losses, the new shopping center promises fresh retail opportunities and a vibrant future for Lexington shoppers.
Changes in Lexington’s Retail Scene: Big Closures and New Beginnings
Lexington has always been a vibrant spot for shopping and entertainment, but recent news about store closures and exciting new developments is stirring up quite a buzz. The latest updates include the impending closure of Draper James and Forever 21, while a brand new shopping center anchored by a Target store is set to take its place in the future. It’s a mixed bag of emotions for shoppers in town!
The Draper James Departure
First on the list is the lovely clothing brand Draper James, which has enchanted many Lexington shoppers since opening at The Summit at Fritz Farm in 2017. Founded by actress Reese Witherspoon, the store will close its doors on February 23. With an email sent out to its loyal customers titled “We’ll Miss You, Lexington!” the brand is bidding farewell in a heartfelt way, offering a generous 40% discount on all items during its final weekend.
Draper James was celebrated not only for its charming Southern-inspired designs but also for being one of the original tenants at The Summit, an upscale shopping center that has become a prominent shopping destination. Although there hasn’t been any comment from The Summit’s representatives regarding potential new tenants, the anticipation among shoppers is palpable. What will replace Draper James? Only time will tell!
Forever 21’s Uncertain Fate
Meanwhile, the situation isn’t looking too bright for Forever 21, which is also on the verge of closing its Fayette Mall location. Signs around the store hint at an imminent shutdown, with a 10% discount on items to encourage last-minute shopping. Talk about a bittersweet goodbye!
Forever 21 opened its doors in Lexington back in late 2011 after a dedicated group of fans on Facebook petitioned for its arrival. The chain has since become a favorite among the youthful crowd who love its trendy and affordable styles. However, the company is reportedly seeking a buyer and may be facing its second bankruptcy – a disheartening turn of events for a once-thriving retail giant.
While there’s no official closure date announced by Fayette Mall officials, the uncertainty hangs in the air. As the area continues to develop, it seems shoppers may soon have one less option for their fashion finds.
A Bright Future with a New Shopping Center
Construction is being handled by 4-13 Solutions, a development company co-owned by former Dallas Cowboys star Emmitt Smith. The center will cover a whopping 206,000 square feet of retail space and is expected to open its doors in the fall of 2026. David Mosley, the CEO of the development company, sees Lexington as a place with tremendous growth potential, making this project a strategic investment for the region.
The land chosen for the shopping center is currently wooded and undeveloped. However, it’s located conveniently near existing retail locations such as Lowes Foods and Publix, suggesting a robust retail future. As Lexington’s population has soared from 216,000 in 2000 to over 309,000 in 2023, a new shopping hub seems like an ideal addition.
Shopping Changes Ahead!
As Lexington navigates this period of transformation, shoppers will surely miss the beloved stores like Draper James and Forever 21. However, the anticipation for the sparkling new shopping center featuring Target brings hope for a bustling retail future. Whether it’s a trip down memory lane or a fresh retail adventure that awaits, the evolving landscape of Lexington’s shopping scene is definitely one to keep an eye on!
Deeper Dive: News & Info About This Topic
HERE Resources
Delaware Avenue Transformations in Lexington
Lexington Launches Plastic Bag Recycling Initiative
Cincinnati Employees Face Layoffs as Kroger Restructures
Hamburg Pavilion Sold for $135 Million in Lexington
Downtown Lexington to Transform with New Development
Lexington Bakeries Struggle With Rising Egg Prices
New Mixed-Use Development Announced in Lexington
Lexington Mayor Gorton Presents Future Goals in State of the City
Rupp Arena Parking Lot Transformation Planned
New Apartment Complex Approved for East Maxwell Street
Additional Resources
