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Copacetic, a hat and clothing store located at 409 Main St., is going out of business after 13 years of being open on Main St.
Sales have been slow and it’s time to begin the closing process. However, the decision to close Copacetic wasn’t an easy one. In fact, it took months to make. While the decision was difficult, it’s just time to move on to other things, said store owner Mary Osterman.
“No one gets the credit and no one gets the blame for this,” Osterman said. “We’ll begin the closing process this Friday. It’s a business decision.”
Osterman saw her sales increase year over year for the first 12 years. But after Main Marine & Ski Inc. went out of business they saw a noticeable drop off in business.
“When we noticed that sales were dropping off, we just tried harder. But we just couldn’t get the results we needed,” she said.
Osterman currently works part-time as a bookkeeper for Festival Foods, but then she was offered a full-time position. She also plans to spend more time with her granddaughter.
“I guess I just lost my fire in the belly for this,” she said. “But I love downtown and I want to see it continue to grow.”
Osterman also serves as chairman of First Fridays, which sponsors activities for downtown retailers. She will transition out of that role by the first of the year, she said.
The store will remain open until all of the inventory is sold. Osterman expects the final closing to happen by the end of the year. Until then, the store will be open from 11 to 5 p.m. Monday through Saturday and extended hours during First Fridays, and the Holiday Parade on Nov. 11.
“I don’t have any ill will towards anyone. I have already worked through that,” Osterman said. “I’m just grateful for what I have learned. It’s almost like a college education. But it’s just time to do something else.”
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Denise Lockwood has an extensive background in traditional and non-traditional media. She has written for Patch.com, the Milwaukee Business Journal, Milwaukee Magazine and the Kenosha News.
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