What’s next for Duluth trading post
(AP) The owner of a Duluth shopping mall and a Duluther shopping center said Monday that the company has purchased a Dulworth building that houses the Duluth Trading Post, the city’s only trading post.
Doug S. Gudel, the vice president and general manager of Duluth’s Urban Development Department, confirmed that the purchase was finalized last week.
Gudel did not provide details of the purchase.
The Urban Development department oversees more than 4,000 buildings across Duluth.
Duluth is one of the first major cities in the country to build its own trading post and the second-largest city in Minnesota with about 5,000 employees, according to the U.S. Census Bureau.
Duluth’s trading post has operated since 1927, and it has housed the city and its largest employer, the Dulworth County Board of Supervisors, since 1992.
Its original purpose was to help local businesses sell their goods to customers in Duluth, but the trading post’s popularity and financial stability has helped it survive, Gudels said.
He said the Dulwich Trading Post is open daily.
“We’ve been in business for more than 60 years, and that’s why I want to get the trading posts out of Dulwich,” he said.DELAWARE CAPITAL HITS NEW HOMEIn January, the state and Delaware agreed to buy the trading and information technology assets of a company that was the nation’s largest landlord in Delaware.
The deal was valued at $3.8 billion.
Delaware and the state government had been looking to buy a stake in the company, but it took some time to settle on a price.