Why are businesses downtown closing?

GREENE COUNTY

  • “Greensboro has suffered a downturn in the economy,” Terry Lawler said. “Businesses need steady foot traffic and marketing incentives to drive their businesses. The city is not unique to this turndown.” CONTRIBUTED
    “Greensboro has suffered a downturn in the economy,” Terry Lawler said. “Businesses need steady foot traffic and marketing incentives to drive their businesses. The city is not unique to this turndown.” CONTRIBUTED
  • CONTRIBUTED
    CONTRIBUTED
    Greensboro, with its quaint historic downtown, has seen six businesses close in the last six months. It signals a problem most small downtowns in the United States face in attracting — or, more importantly, maintaining — occupancy in areas experiencing a decline in visitor traffic and sales.Small downtowns have often retained occupancy through city and federal grants for ...

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