PHILADELPHIA (WPVI) A new report released this week is revealing the devastating effects the coronavirus is having on Philadelphia s Center City District.
Between February and December 2020, Philadelphia lost 68,100 jobs, and the hospitality, restaurant and retail industries lost 46% of their workforce, according to a report released by the Center City District.
But Michelle Shannon, CCD s VP of Communications and Marketing, says there s hope for a rebound. She says they just need more foot traffic. When customers return, when the office workers are back and the customer base comes back, we ll have a strong retail economy, said Shannon.
The CCD is also reporting 76% of restaurants and 56% of retailers that closed during the last year are indicating they re going to return. However, as of now, those industries have left a staggering 248 storefronts empty.
PHILADELPHIA (WPVI) A new report released this week is revealing the devastating effects the coronavirus is having on Philadelphia s Center City District.
Between February and December 2020, Philadelphia lost 68,100 jobs, and the hospitality, restaurant and retail industries lost 46% of their workforce, according to a report released by the Center City District.
But Michelle Shannon, CCD s VP of Communications and Marketing, says there s hope for a rebound. She says they just need more foot traffic. When customers return, when the office workers are back and the customer base comes back, we ll have a strong retail economy, said Shannon.
The CCD is also reporting 76% of restaurants and 56% of retailers that closed during the last year are indicating they re going to return. However, as of now, those industries have left a staggering 248 storefronts empty.