- June 17, 2021
- Posted by: Stratford Team
- Category: Business
SAN FRANCISCO (KGO) — Nearly 50% of the San Francisco’s small businesses are still closed, according to data from the city’s Chamber of Commerce compiled in May.
It’s unclear how many of those closures are temporary or permanent.
“We’re just taking it month by month,” said Saniya, a longtime employee of Rabat.
Rabat, a retail clothing boutique has been home to San Francisco’s Noe Valley for the past 49 years.
“In a funny way, it seems as though the pandemic is the reason we’re closing,” Saniya said. “When in fact it’s almost the reason that we’re still here.”
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Rabat’s owner was able to negotiate a lower rate during the pandemic and has been leasing month-to-month since August. But now that the state’s economy is fully reopening, the charming store is bracing to be forced out, expecting an increased demand for retail space.
“It is what it is,” Saniya…
