Business, Economics and Jobs

Small town in New York reveling in new, community-owned department store

Saranac Lake lost its only department store in 2002. When that happened, locals had to travel 50 miles to buy socks or sheets. So they banded together, made a plan and late last year they opened a community-owned department store. They're happy to say that they're selling more than they projected they would at this point in time.