54% of SF storefront businesses have closed during the pandemic - Printable Version
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RE: 54% of SF storefront businesses have closed during the pandemic - Hurlburt88 - 09-09-2020
Saw an article this morning that new registrations for small businesses are up. Desperation as mother of invention? Could be some good news in that long-term.
RE: 54% of SF storefront businesses have closed during the pandemic - BostonCard - 09-09-2020
(09-09-2020, 07:15 AM)Hurlburt88 Wrote: Saw an article this morning that new registrations for small businesses are up. Desperation as mother of invention? Could be some good news in that long-term.
The "gale of creative destruction" describes the "process of industrial mutation that continuously revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one"
--Joseph Schumpeter
RE: 54% of SF storefront businesses have closed during the pandemic - 82 Card - 09-09-2020
In San Francisco, we will apparently be eating at Ikea food court instead of small restaurants: https://www.sfgate.com/news/article/IKEA-s-parent-company-takes-a-chance-on-troubled-15544275.php
Quote:The vacant shopping center at 945 Market St. that has not once seen a customer in almost five years has a new owner.
Ingka Centres, the mall owner division of IKEA’s parent company, has purchased the mid-Market building, as first reported by The San Francisco Chronicle.
An IKEA store will occupy about 70,000 square feet, while the rest of the space will be leased out to a mix of food, entertainment and other retail tenants, as well as some office space, the company told The Chronicle.
RE: 54% of SF storefront businesses have closed during the pandemic - fullmetal - 09-09-2020
(09-09-2020, 07:15 AM)Hurlburt88 Wrote: Saw an article this morning that new registrations for small businesses are up. Desperation as mother of invention? Could be some good news in that long-term.
Or small businesses with private equity backing, like ghost kitchens or cloud kitchens...or contractor delivery services for last-mile online shopping.