According to the caycompass.com Island Companies, owned by Dart, are closing quite a few stores right on the waterfront, while leaving their other stores in places, like Camana Bay, open. They lay blame to the dwindling cruise ship visitor spending and say that they would be looking to the new proposed cruise ship berthing facility as a way to recover.
I don't think it will directly affect overnight visitors to the island, since there are alternative locations for most stores. What does it say about the future of the waterfront area?
What do you think?