That's too bad - I'll miss them. I like to go there occasionally at lunch time and I have bought quite a few lures there, many out of the discount bins, though. I was amazed they could keep a big store like that going in an area like Grand River and Drake - I just didn't know there were that many fishermen there. Now some may say that store isn't all that big, but for just a fishing store, it is.
I don't know if it's big stores that make the business so tough or how many outlets there are for common fishing items. In other words, I don't know that Dick's, Dunham's, or Bass pro Shops is what kills the small guys or if it's the KMart, Walmart, Meijers stores that take away the bread and butter. I even saw a pretty good ice auger at Lowes for 35 bucks the other day! Whatever the case, we all need to throw some business to the little guys if we like them. I know I like the little Blue Water Bait & Tackle near the Fair Haven launch site so I spend some money there on items I know I could buy cheaper elsewhere, since I know they can't make it just on worms and minnows.
Again, I'll miss that Farmington Lakeside store. Good luck to the fellows who work there.