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AEDC Clients at Schroon Lake Department Store Win New York Empire State Development "Entrepreneur of the Year"
On October 16th, Executive VP of the Division of Small Business and Technology Development at New York Empire State Development Elizabeth Lusskin announced and presented awards to several “Entrepreneur of the Year” awardees in Lake George. Amanda Ragland (an AEDC client), owner of the Schroon Lake Department Store in Essex County with her husband Ryan, was one of these awardees.
The Ragland’s were drawn to the store not just as a business opportunity in 2023, but to restore a cherished community anchor. Their vision was to create a space that felt welcoming and familiar, that celebrated Adirondack nostalgia and heritage while delivering a modern retail experience. The team has restored the historic building’s original stained glass in a beautiful renovation and the historic name of the business (from 1915 to 1956).
In a seasonal town with unpredictable cash flow, staffing challenges, and inventory hurdles, the Ragland’s transformed the retail store into a hospitality-focused business, offering more than just merchandise. They curated a welcoming environment and a sense of place for community members. This new approach allowed the store to expand from a seven-month seasonal operation to a year-round service. The Ragland’s transformed the store into a living piece of Schroon Lake’s identity. Congratulations to Amanda (and Ryan) on their well-deserved recognition by Empire State Development as an Entrepreneur of the Year!
Pictured: Amanda & Ryan Ragland from Schroon Lake Department Store receiving their award from NYS.
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