Saturday, November 22, 2008

Businesses closing

I took a drive to go pick up the Angel Food Ministry order for the month and saw in just a few short blocks signs announcing the closing of two stores. One is Bella Blue on Lowry right near the turn for front street. Sadly a horrible place to start a business due to parking and traffic. The frontage of the store has a sidewalk and that's it. They have signs out announcing their going out of business sale so drop by if you have time please.

The other business is the car lot to the right of Mrs. Winters. They had a sign that announced simply "Closing. Make an offer". Number two to be closing.

Last week I called the company that was the developers for "The Shopped at Smyrna Commons" and was told that they had sold the property to another developer. I'm not sure who but this likely will not help the project to open next year as planned.

We are in an economic slump, if not a recession or a depression. This will derail a lot of planned projects in Smyrna and maybe even cancel some. What is going up today was planned well before things went to pot. A good measure of figuring out how bad things are is to see the speed and type of businesses that start to occupy the smaller stores next to the anchor businesses like Publix. If those smaller store fronts stay empty then we should really worry.

2 comments:

Unknown said...

Why don't the businesses that are tearing down the natural resources in the area set up shop in some of the older buildings in the area, instead of building new buildings? There are so many buildings sitting empty, I don't get it.

Gunner said...

I agree. There are a few good articles online about big box stores closing and how local communities have recycled the buildings to meet their needs. Regretfully most businesses build to meet a need so using other building cannot work in many cases.