Darrell Nevin emailed me a copy of the Mackenzie Ditter email about the impending closing of the Bun Penny store in the Mall in Columbia.
“Not sure if you knew this or saw it, but certain it is fodder for one of your columns.”
How could I have not seen it? Freemarket blogged about it here and Evan Coren blogged about it here. The Sun papers had a story about the closing and last night, on the eleven o’clock news on Channel 13, there was yet another story about it.
From my perspective, I just don’t see what the big deal is. Sure, it is sad that a family business is closing. That is always sad. It is sad for the owners, the employees and the longtime customers but I hardly think it is big news. Over the years many family run businesses have quietly closed their doors in Ellicott City and nobody ever made a big deal out of it.
I have known Bun Penny since it was opened by the Sachs family many years ago. For the longest time the store was the place to get lunch in Columbia. It was Columbia’s own Zabars.
Times change and so do peoples buying habits. Over the last few years I watched as Bun Penny slowly faded from popularity. I trace the beginning of this slide back to when the mall was renovated and the Lord and Taylor department store was added. What once was the mall’s front door was no longer. The entrance where Bun Penny was located took on a different character. Seldom did I see full tables in the glassed in seating area. I don’t think the store adjusted to this dramatic change in traffic patterns. Also, new competition sprouted up in town center. The Lakeside coffee shop surely took some business away too. That is what occurs in a dynamic marketplace. Either a retailer adjusts to these changes or they risk losing relevance.
That is hardly big news. It is just a fact of life.
2 hours ago