Are stores at the Shops Buckhead Atlanta too luxe for locals?

Hermes store at the Shops Buckhead Atlanta. J. Scott Trubey/ AJC

Hermes store at the Shops Buckhead Atlanta. J. Scott Trubey/ AJC

Corso Coffee quietly closed shop in mid-August after just over two years at the Shops Buckhead Atlanta.

Read More: Corso Coffee closed in Buckhead, to be replaced by Revelator Coffee concept

While store openings are a much heralded occasion, the closings slip by without much fanfare. This has particularly been the case at the Shops Buckhead Atlanta, the upscale retail development that officially opened in fall 2014.

Corso, which will be replaced later this season by a new coffee concept -- the Mourning Dove from Revelator Coffee, is one of several retail/restaurant casualties at the Shops Buckhead Atlanta.

The quiet closing of Corso along with more than a half-dozen other retailers/restaurants has led to speculation that the six blocks of upscale shopping in Buckhead is too high-end for local tastes.

Bisnow, a commercial real estate website, recently uncovered data which suggests that lack of foot traffic, high retail rental rates and perhaps a limited appetite for luxury shopping among millennials, is at the heart of the development's problems.

Read the full story on MyAJC.com.