I just saw this article talking about what companies the author thinks might not make it to 2015, and it got me thinking:
What about local businesses in your community? Surely many of you are ear-to-the-ground planners like me. Is the corner ice cream place going to make it another yer? The non-chain pharmacy down the street from you? Got a big box in your city you think is apt to leave a gaping hole before the end of 2014?
Let's try for five, and I'll go first. Report your findings over the year and the winner gets something from my home state in the mail in early 2015.
1. The scrapbooking store in the gas-station strip mall near the center of town. New last year and already ratcheted down to only being open on weekends. No way this owner is making rent.
2. The brand-new luxury beer store. I love this guy's concept, but you can buy really great beer from local producers at gas stations and chain grocery stores around here. plus, he's in the highest-rent retail space available in town. Dunzo before Christmas.
3. The bad Thai place. The building is plastered in illegal banners and they have changed concepts three times in the last 18 months.
4. Best Buy. We have one in my town. I don't know if they will go out of business by the end of the year but I'm guess their 10-year lease is nearly up and they'll be looking for more compact digs.
5. Independent Natural Foods store. They have been struggling for years and I am rooting for them, but they are about to be down the road from a Trader Joes. Toast.