Two years ago, Vivian Nicholsen-Holt took over an old Victorian house on Glenwood Avenue in Raleigh, painted the shutters pink and opened up a teahouse and showcase for local artists.

V's Teas & Treasures gained a loyal following, but Nicholsen-Holt recently shuttered the business. The reason, she told me, had nothing to do with business and everything to do with the circumstances.

New construction planned on Glenwood Avenue would eliminate the area where V's leased parking spaces. That change, combined with the need for an expansion of the house's kitchen, meant it made more sense to move.

V's is looking for a permanent location in Raleigh -- "something bigger with a commercial kitchen and ample parking," Nicholsen-Holt said.

Until then, she has taken up residence selling tea and tea accessories in Wake Forest at The Cotton Company, a shopping venue that plays host to lots of local artists and merchants.

The Cotton Company is at 306 S. White St. Other new vendors there include JinJa Fair Trade, selling handcrafted goods from artists in Uganda, India and Peru; a fashion merchant called The JAB Way; and The Vintage Room, selling candles and candle accessories.

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In Chapel Hill, The Dream Catcher Cafe has filed for bankruptcy and closed its doors.

On the French restaurant's Web site, owners Charlene Allred and Kathleen Bowerman said they had to close "due to unfortunate and unforeseen family circumstances." The restaurant was at 1129 Weaver Dairy Road in the Timberlyne Shopping Center.

... Also in Chapel Hill, the new Fresh Market store in the Glenwood Square Shopping Center at 1200-A Raleigh Road will open July 16.

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The Planet Smoothie at 2302 Hillsborough St. in Raleigh has reopened after remodeling. The company is also planning to open a new store in Cary's Stone Creek Village at High House Road and Davis Drive in September.

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In Raleigh, Margaux's restaurant signed a 10-year extension on its lease in the soon-to-be-renovated Brennan Station off Creedmoor Road and will begin construction on a new 50-seat patio next month. Construction should be completed this fall.

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OTHER ITEMS: In Cary, Original Brick Pizza is open at 590 E. Chatham St., serving New York style pizza. ... In Raleigh, the CVS at Creedmoor and Norwood roads will open Sunday. ... In Smithfield, Alltel is open at 1237 N. Brightleaf Blvd. ... In Raleigh, the McCormick & Schmick's seafood restaurant opening has been set for July 10 at Crabtree Valley Mall. ... Penn Station East Coast Subs opened Friday at 6300 Creedmoor Road in Raleigh. ... In Durham's Northgate mall, Unlimited Shoe Store will open next month. ... The Wake Forest Armadillo Grill at 1849 S. Main St. has closed. The other Armadillo Grill locations in Raleigh, Durham and Carrboro remain open. ... And in Clayton, an Internet cafe called Paint It Red has opened at 115 E. First St.