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A Week of Remembrance and Celebration

A Week of Remembrance and Celebration
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Retailers and customers feeling strain of supply chain logjam

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There's a bumpy road ahead for recovering Montana Ave merchants

There’s a bumpy road ahead for recovering Montana Ave merchants
May. 13, 2021 at 6:00 am
Closed: Montana Ave. has lost about 40 stores during the pandemic. Clara Harter
The uphill battle Montana Avenue merchants face towards economic recovery may prove as steep as the street itself.
This ominous prospect would not appear obvious to weekend visitors who find the commercial strip buzzing with shoppers and diners. Between rising vaccination rates, spring break, and Mothers Day, foot traffic trends over the past few weeks have indeed been promising.
But if visitors peer past the crowds, they will discover that over a quarter of the street’s storefronts lay empty. Many surviving merchants worry they could be the next to fall ....

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Small businesses in Santa Monica amongst hardest hit by Covid in the nation

Small businesses in Santa Monica amongst hardest hit by Covid in the nation
May. 07, 2021 at 6:00 am
Retail: Santa Monica’s business community has been hard hit. Clara Harter
As the dust begins to settle around the economic carnage of Covid-19, it appears that small businesses are amongst the City’s greatest casualties.
A study by accounting software service QuickBooks, identified Santa Monica as one of the US cities where small businesses revenues plummeted the most during the first year of the pandemic.
Their team calculated that the median small business in Santa Monica experienced a $26,000 revenue decrease from April 2020 through March 2021. This ranks Santa Monica as the 5th hardest hit city in the nation, in terms of small businesses, following Manhattan, Brooklyn, San Francisco and Honolulu. ....

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