Concord developer announces purchase of OutFITters Thrift Store

Concord Monitor
July 13, 2018
By JACOB DAWSON

Concord developer Steve Duprey has reached an agreement with Families in Transition President Maureen Beauregard to purchase the OutFITters Thrift Store building at 20 S Main St. in a move that could expand the possibilities for the site of the new Concord Theater. The store, which opened in 2009, announced a closing sale beginning next week.

Duprey said he and Beauregard came to terms on the deal just two days ago. He declined to comment on the price of the purchase, but said the figure will be released later this fall. In a letterto supporters on July 10, Beauregard described the deal as “an offer that we could not refuse.”

Duprey said the price he offered was higher than the appraised value.

Previous reporting by the Monitor highlighted Duprey’s recent purchase and plans to renovate the Concord Theater next door to the thrift store. Capitol Center for the Arts, which plans to purchase the Concord Theater from Duprey, envisions the theater as a flexible, multi-purpose event venue.

The theater and the OutFITers buildings share an easement for a small alleyway separating the spaces. Duprey said he will be working to add “substantial upgrades to the alley to make it a fun and vibrant place to be,” including talking with restaurants to open a location in the alley and make it more of a public space for people to gather before or after shows at the theater or at their leisure.

As for the thrift store itself, Duprey said he has “no immediate plans.” However, the removal of an expansion added onto the back end of the S Main Street location is being planned, he said.

“That really isn’t that useful to me,” Duprey said. “We’re looking at a whole bunch of different ideas for that space.”

The OutFITters Thrift Store is an income extension of Families in Transition, an organization dedicated to helping families in need of hunger relief, affordable housing and substance abuse help. The store provides home goods like furniture, clothes and housewares. They also have a store in Manchester. The stores help support the costs of the services Families in Transition provide.

In a letter to customers, Beauregard and Vice President Michele Talwani wrote, “Unfortunately, our store sales dropped drastically at the start of the recent, two-year, reconstruction of downtown Concord and have never rebounded back to be self-sufficient. This, along with ever-increasing growth of online marketplaces and the strong economy, thrift stores across the country are feeling the pinch.”

The store will close on July 28. According to the letter, gift certificates, coupons, vouchers and loyalty cards issued in Concord can be used at the OutFITters store in Manchester at 394 Second St.

Beauregard and others from the OutFITters store could not be reached for comment in time for publication.

(Jacob Dawson can be reached at 272-6414 ext. 8325, [email protected] or on Twitter @jaked156.)

 

Read more at: www.concordmonitor.com/Steve-Duprey-agrees-to-purchase-of-OutFITters-Thrift-Store-s-Concord-location-18819593.

 

Comments are closed.