Veach's Toy Station Slated to Close

Posted: Updated:
Veach's Toy Station first opened in Richmond in 1938. Veach's Toy Station first opened in Richmond in 1938.
RICHMOND -

After 79 years, the third generation owners of a Richmond landmark have announced plans to close. In a statement posted to Facebook, John and Shari Veach say Veach's Toy Station will close in August. The family cites declining sales and changes in the toy store business as factors in the decision.

In 2014, the business was featured by NBC's TODAY and received a makeover for its downtown Richmond building and assistance with marketing as part of a national competition. The Veach's say the evolving environment for bricks-and-mortar toy stores has hit family-owned businesses like theirs, as well as national chain locations.

Read the full statement from the business from a post on the Veach's Toy Station Facebook Page:

With mixed emotions, John and Shari Veach, third-generation owners of Veach's Toy Station, announce the closing of our store. We are grateful for nearly 79 years of business, and we wish to thank the Richmond community, surrounding communities, and all our loyal customers, both near and far, for helping us to achieve such longevity as a family-owned small business.

Many factors have led to the decision to close the store, including a significant drop in sales over the past year-and-a-half, which has been experienced by many stores across the nation. Both retail giants and small businesses have experienced this drop in sales at brick-and-mortar stores. Small businesses with small profit margins are especially vulnerable to decreased sales. A number of independent toy stores have closed in this past year due to these retail trends. We, too, have not been able to weather this precipitous change in sales volume.

The Veach family would like to express a special thanks to the generations of families who have shopped at and made memories at Veach's Toy Station. We will especially miss the opportunity to provide great experiences for area kids on their birthdays — for the last 45 years it has been a true pleasure to bring smiles to the thousands of kids who visited Veach's Birthday Castle to receive a birthday gift.

Beginning Monday, May 22, all regular price merchandise is 25% off. Over the next few weeks, we will be posting on our doors, and on our website and Facebook page, store hours and sales as they change throughout the course of closing the store. We will still offer our summer "craftivities" classes — offered on Wednesdays and Fridays at 1:00 and 3:00pm from June 7 to July 28. Register for these classes in-store or by calling 765-962-5761.

We hope to end our 79 years in business on a positive note, with a celebration in August to celebrate the life of the store, with the Richmond community — just as we began in August of 1938.

Join us for one last summer of fun at Veach's!

  • Perspectives

    • 5 Things Consumers Should Know About Marketplace Health Insurance

      Open Enrollment is upon consumers again and there are likely questions on what they should do in terms of health care coverage for 2020. Options for coverage can be overwhelming, but consumers can choose a plan that fits them best through education on open enrollment, understanding what’s new in terms of health plans and learning of any changes going into 2020.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • An abandoned East Chicago neighborhood is fenced off for safety. (photo ctsy: The Times of Northwest Indiana)

      New Housing Coming to East Chicago

      The Indiana Housing & Community Development Authority has selected a Chicago nonprofit to participate in a new workforce housing program in East Chicago, according to our partners at The Times of Northwest Indiana. The nonprofit organization A Safe Haven Foundation was awarded a $700,000 grant from the IHCDA that will support the new construction of single-family homes in the West Calumet neighborhood. 

    • (photo courtesy Joseph Pete/The Times of Northwest Indiana)

      ArcelorMittal to Idle Furnace at Indiana Harbor West

      ArcelorMittal plans to idle a blast furnace at its Indiana Harbor West in East Chicago. A spokesperson tells our partners at The Times of Northwest Indiana employees will be reassigned and there will be no layoffs as a result of the move. 

    • A New Way of Thinking for Drug Addiction Recovery

      The long war against drug addiction continues to rage, with the opioid crisis representing the latest front of the battle. As with any long fight, our strategy must change as the forces of death and destruction find new ways to attack those most vulnerable. According to the Centers for Disease Control and Prevention, 68% of the 70,200 drug overdose deaths in 2017 involved an opioid – six times higher than in 1999.

    • Graduates from the 1st cohort for manufacturing at Branchville Correctional Facility (photo ctsy: Dept of Corrections)

      Manufacturing Skills Training for Inmates

      The Indiana Department of Correction is trying to help fill voids in the state’s manufacturing workforce by preparing and training low-risk inmates before they are released. Branchville Correctional Facility in downstate Perry County just graduated its first cohort of the Catapult Training Program, following a four-week course in basic manufacturing skills. The facility is classified as a Level II Low Medium Security Correctional Facility. In an interview with...

    • Calumet Specialty Sells Texas Refinery

      Indianapolis-based Calumet Specialty Products Partners (Nasdaq: CLMT) has closed on the sale of its San Antonio,Texas refinery, crude oil terminal and pipeline to Starlight Relativity Acquisition Co. LLC. Starlight agreed to pay $63 million in cash for the plant, property and equipment.