Wednesday, August 17, 2011

Southside Of Metro-Atlanta Suffers Two Economic Blows - Lowes & Sears


Every walk behind lawn mower that I have ever purchased has come from the Sears in Union City.  I realized that this location was struggling.  When ever possible I tried to direct my major purchases there instead of elsewhere.

Put a fork in Shannon Mall/Union Station Mall.   It is done.

With "Camp Creek Marketplace" to the north and the tremendous retail development in Newnan to the south - this place never had a chance to survive in the long run.  Its customer base was taken away from it. 

The Lowe's in Riverdale could not have been opened for more than 4 or 5 years.  They took a gamble in building a new facility right after their arch rival Home Depot had come to town.  What was already a market that was thinly sliced did not survive the recession.

Both Home Depot and Lowes survive off of a growing housing market.  The relocation to a new home translates into frequent visits into the home improvement super center.  With so many houses on the market in the immediate area of Clayton County - the store did not meet the revenue targets that Lowes had established.  I purchased carpeting from this location instead of the Lowe's in the city where I live - just to spread my business around.

In the cases of Sears and Lowes - the southside now has two large, empty buildings that will no doubt sit vacant for a long while, begging for occupancy.  (In the case of Shannon Mall - the entire mall is empty).

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