DuPont businesses are seeing a bit of a shake-up lately, with several businesses closing shop permanently and new businesses coming in to replace them.
With the closure of DuPont Bakery, Caffe Pegaso and Capital City Smoothie, as well as four other retailers rumored to be preparing to close, DuPont Station quite likely will see a shift in occupancy. At neighboring Barksdale Station, a tanning salon and women’s athletic center have closed.
Mike Rabstoff, president of Miravest Inc. and managing member for DuPont Station Partners LLC, said surrounding business owners will see more national and regional tenants come into the shopping center and more mom-and-pop businesses leave the retail development.
For a community with a population of about 7,000 residents, some business owners suggest duplication of services is the culprit in forcing smaller, independent operators to go out of business. One business owner, who wanted to remain anonymous, implicated a lack of collaboration among the three main retail developments in town & DuPont Station, Barksdale Station and McNeil Station.
“We have too many of the same kinds of businesses,” he said. “We can’t all be successful if we’re all selling the same thing.”
The above posted story is reprinted with permission from the Business Examiner.