Talk of a theme park began, though some believed the mall could remain. In December 2001, AIG bought the property in an auction. But additional competition was coming from Tanger Factory Outlets as well as a conventional mall nearby. Some believed the complex could make a comeback, with help. A planned bridge over the Intracoastal Waterway was expected to help the area, along with turning a section of U.S. foreclosed on owner Outlet Park RPFIV Associates LLC after a missed payment on a loan.
Also, in December 2000, American International Life Insurance Co. Competition from Myrtle Beach Factory Stores, however, was hurting the complex. A fourth section was added in 1998 and a renovation of the entire complex was announced in October 2000. The original Waccamaw Pottery building in Myrtle Beach is still standing, part of the Waccamaw Factory Shoppes complex, once the nation's third-largest outlet shopping complex with more than 100 stores in 750,000 square feet of space on 80 acres. The company ceased operations in June 2001. Waccamaw stores were renamed "Waccamaw's HomePlace", and were planning to phase out the Waccamaw name altogether when the company filed for bankruptcy.
In the face of heavy competition from direct competitors Bed Bath & Beyond, Linens 'n Things and Old Time Pottery as well as discount stores like Walmart and Target, the company merged with the primarily Northeastern HomePlace and grew to over 100 stores by 2001. It grew into the home furnishings business in the early 1990s and operated stores throughout the South and Midwest, selling housewares, bedding, cookware, china, and furniture. Next came Spartanburg, South Carolina in 1983, followed by Rolling Meadows, Illinois (outside Chicago) in 1984 and Dale City, Virginia (a Washington, D.C. Waccamaw Pottery Įxpansion beyond its original location, in Myrtle Beach, South Carolina, began in 1982, when the company opened a Burlington, North Carolina location.
was a home furnishings business that started in 1977 as Waccamaw Pottery, a Myrtle Beach, South Carolina based pottery company founded by George Bishop that sold pottery and crafts.
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