'Black owned don't loot:' For some business owners, signs show solidarity — and provide protection
PHILADELPHIA — As looting spread from Center City two weekends ago, the Scurry family became desperate to protect La’Vanter, their women’s clothing boutique in North Philadelphia.Ninety percent of sales had disappeared during the coronavirus pandemic, and another hit could finish their small company, near Broad and Erie. Jamil Scurry, a store owner and former Philadelphia police officer, grabbed a large piece of vinyl and spray-painted it with the words he hoped would spare their store:BLACK OWNED #FLOYD.It worked. Nearby businesses were broken into that weekend, Jamil Scurry said, but his fam...
The Philadelphia Inquirer
Detroit bus riders choose between lives, livelihoods amid COVID-19 pandemic
DETROIT — As the lockdown over the coronavirus softens, people have begun to gingerly leave their homes.But one group had already been going out. In fact, they never stopped.They’re not brave. They’re not crazy. They’re just regular Detroit denizens who need to go to work or the store. They don’t have the types of jobs that can be done from home, and they don’t own a car.They have to choose between their lives and livelihoods, which is no choice at all.“It’s insane,” said Lorenzo Smith, 33, who is a manager at a Lowe’s. “It makes a good man not want to go to work.”Every morning Smith is one of...
The Detroit News
Starbucks gets cold reception after demanding rent breaks from landlords
SEATTLE — When Starbucks landlord Leon Brooks got a letter asking for at least a year’s reduction in rent for the company’s drive-thru store in San Clemente, California, the property owner knew his answer.“I am highly disappointed, disgusted and angry,” Brooks wrote back to the global coffee chain. “Shame on you.”Seattle-based Starbucks, citing the “staggering economic cost” of the pandemic, notified landlords in early May that it wanted to renegotiate rental arrangements across many of its 8,900 company-owned stores. The company has faced plummeting sales amid the temporary closure of many st...
The Seattle Times
Starbucks demands landlords lower its rent for the next year, citing 'staggering economic crisis' of coronavirus
SEATTLE — Starbucks wants landlords to give it a break on rent for at least a year as coronavirus social-distancing measures batter sales at the Seattle-based global coffee chain.“Effective June 1 and for at least a period of 12 consecutive months, Starbucks will require concessions to support modified operations and adjustments to lease terms and base rent structures,” read a May 5 letter to landlords, signed by Starbucks Chief Operating Officer Roz Brewer.Starbucks demanded the rent relief one day after the company announced it would reopen 90% of its 8,900 company-owned U.S. stores by early...
The Seattle Times
Amid retail upheaval, even stronger players are strained
MINNEAPOLIS — Retail was already in the midst of a major upheaval before the coronavirus pandemic. Department stores were fighting to remain relevant. Debt-laden retailers were struggling to stay above water. And malls were trying to adjust by diversifying.Now the stay-at-home orders closing many stores and malls have only intensified bad balance sheets and led consumers to shift, perhaps permanently, more of their shopping online.“It’s … ripping the Band-Aid off and now some of them are going to teeter faster,” said Mickey Chadha, an analyst at Moody’s. “There is going to be a lot of pain.”J....
Star Tribune (Minneapolis)
The collapse of small business: Wondering what comes next in a San Diego neighborhood
SAN DIEGO — In San Diego’s South Park neighborhood, the doors of small shops are typically thrown open. Dogs strolling past tug their humans into the open doorways, collecting treats from the business owners up and down Fern Street.Like most local neighborhoods, the shop owners here are the stewards of their streets. They keep the sidewalks clean; the trash cans emptied; the water bowls full for their resident pets. The storefronts, meticulously cared for, are uniquely San Diegan, as chains are rarely welcomed.Frilly coats, retro hats and old treasures sit in the windows of Bad Madge & Co., a ...
The San Diego Union-Tribune