Lehigh Valley crafts market closes retail operations, blames cash flow issues

A Lehigh Valley crafts market has closed its retail operations as it contends with what it said was “serious financial hardship.”

The Hive, which has locations at 27 E. Belvidere St. in Nazareth and Promenade Saucon Valley in Upper Saucon Township, announced the decision Monday evening, blaming a “cash flow crisis” and acknowledging delayed payments to vendors.

The market said it is working with legal and financial professionals to address outstanding balances, and that it will communicate directly with affected vendors for next steps like inventory pickup…

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