“Red” or “Blue,” there won’t be a new consignment shop on East Main Street after all.
Plans for a proposed consignment shop called “The Blue Collection” to take the place of a shuttered shop in the same space fell through this week after the numbers just didn’t add up, said Michael Mahon, who was planning to run the store.
Last week, Mr. Mahon announced he would open a new consignment shop to replace “The Red Collection,” which closed last month. But now Mr. Mahon, the co-owner of the 73 Main boutique store across the street, said the cost of utilities in the vacant space make it impossible for him to move. Financing to fund the initial move also fell through, he said.
“For me to try to go from a small to medium business, [the cost] is very prohibitive,” he said.
Mr. Mahon said he was “eating humble pie” after realizing the plan wouldn’t work out.
“You can’t embrace the world all at once,” he said.
Instead, Mr. Mahon said 73 Main will transition into doing more consignments to pick up the Red Collection’s former customers. A new sign posted to the door of the empty “Red Collection” storefront instructs customers to visit the “new consignment shop 73 Main across the street.”