The August 23-24 feat, which was to be headlined by Tracy Chapman and LeAnn Rimes and was also to include performances by Third Eye Blind, Soulive, George Clinton & Parliament/Funkadelic, Darius Rucker of Hootie & The Blowfish fame, and Recycled Percussion, was nixed after poor ticket sales.

According to a report in the Times Herald-Record of Middletown, N.Y., only 1,000 of 30,000 tickets were sold for the two-day festival.

Despite the decision to move the event to a new “location more accessible to its many East Coast fans,” the site of the original 1969 Woodstock Festival – Bethel Woods – wasn’t enough of a draw.

In a statement issued on the company’s Web site, they blamed “an economic downturn coupled with an unexpected slump in the music industry.”

The cancellation dealt a financial blow for local merchants. Just three days before the notice, a Ben & Jerry’s spokesperson was organizing press passes and parking with participating vendors.

Randy Resnick of Global Trucks and Equipment told the Times Herald-Record, “I’m mad, let me tell you. First they told me (to expect) 30,000 people; then to plan on 10-12,000. After that it was I should cut back on orders.” Resnick was to rent golf carts and tables, and sell sandwiches.

Ben & Jerry’s is offering automatic refunds to all ticketholders.