Retail store closings have spared no shopping mall or neighborhood this year, with nearly 10,000 retailers from Sears to Creative Kidstuff shutting down.
Even the Twin Cities' retail stars are being affected. The 50th and France neighborhood in Edina — long known for its tony menagerie of boutiques, restaurants and services — experienced a number of closings not seen in its recent history.
Some were retailers that simply aged out, but construction on the $79 million Nolan Mains project — a combination of 100 luxury apartments, street-level retail, underground parking and a public plaza — also played a part as patrons avoided the parking woes.
As the holiday shopping season formally begins, 50th and France tenants eagerly await not only the completion of the construction but also Small Business Saturday.
"We find 50th & France extremely healthy," said Mike Tamte, co-owner of Edina-based Evereve women's apparel, which has 10 stores in the Twin Cities and 90 across the country. "It's our No. 1 store in the country."
Tamte estimates the parking hassles during construction cost his store about $200,000 in revenue, but he's expecting business to pick up the slack with construction wrapping up. "It's bringing in new shops, restaurants and energy," he said.
Many of the retailers in neighborhoods across the country celebrate with storewide discounts, along with events such as cookie decorating, a visit from Santa and live performances. Edina's tree lighting ceremony starts at 5 p.m. Saturday
Other shopping neighborhoods such as Grand Avenue in St. Paul — also experiencing turnover at several spots — and towns such as Excelsior, Northfield and Stillwater also have promotions for the day and throughout the holiday season.