RH — the luxury home furnishings brand formerly known as Restoration Hardware — is closing its only Wisconsin location, the RH Outlet at 224 E. Chicago Street in Milwaukee’s Historic Third Ward, with operations slated to end March 1, 2026. The store has occupied the first-floor retail space of the century-old building for about a decade

RH will continue its presence in the broader Midwest with a new outpost scheduled to open in Vernon Hills, Illinois, roughly an hour from Milwaukee.

The Third Ward space is on track for redevelopment into a 133-room AC Hotel by Marriott, with work expected to begin later in 2026 under a plan approved by local review authorities.

For retail brokers, this highlights ongoing reshuffling of physical footprint by experiential and specialty retailers — particularly in urban neighborhoods with mixed-use potential — and underscores opportunities in repositioning vacancy with alternative uses such as hospitality that can drive new foot traffic and synergy for surrounding retail.

https://www.jsonline.com/story/news/local/2026/02/19/rh-formerly-restoration-hardware-to-close-only-wisconsin-store/88758300007/