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Closings Wed Feb 02 2011
Palermo Bakery Closes Its Doors
Barely six months after opening its Old Town location, Palermo Bakery currently has a "For Lease" sign hanging sadly in its window. It sits next to the similarly short-lived tapas restaurant Eivissa, also vacant. Rather than becoming the next success story on North Wells Street, Palermo instead serves as a cautionary tale, speaking to the inherent challenge of opening a business in the heart of Old Town. While the warm summer months team with tourists and locals alike, the winter doldrums can be long and stagnant. If these businesses don't have a plan to, well, weather the weather, then failure isn't just likely, it's assured. Two-month old Kilwins, take heed, or you'll be the next to add to the growing inventory of Old Town real estate.