The shopping center is home to more than 100 unique stores, half of which are locally-owned,
mom-and-pop shops.
Many distribs blame the four-year decline in rentals -- a slumping economy notwithstanding -- on the outdated
mom-and-pop shops that still account for 90% of the nation's estimated 16,000 video rental arenas.
The majority of
mom-and-pop shops are open for business and ready to take your muffaletta and gumbo orders.
If elected, she said, she would offer incentives to smaller
mom-and-pop shops and encourage developers to build small town homes instead of five-story complexes.
But growth hasn't squeezed out the
mom-and-pop shops.
The grant from JPMorgan Chase will make a "significant contribution" to ACCION New York's "American Dream Fund," created by the Brooklyn-based lender after September 11th to provide loans to small- and micro-business owners, like
mom-and-pop shops, street vendors and kiosk owners -- many of whom were located below 14th Street and heavily depended on Lower Manhattan for its customers, according to Terri Ludwig, CEO of ACCION New York.
That stretch of Broadway - with small
mom-and-pop shops, a church and the main post office - has struggled for decades to attract foot traffic and become an economically viable gateway to downtown Glendale.
These tenants are all
mom-and-pop shops who entered into leases in 2001-2002 with the understanding they are paying rent and common-area maintenance (CAM) charges of 45 cents per square foot, which they have been paying.
She lamented the rising rents that naturally occur whenever a seedy area of a city begins to gentrify, forcing out some of the
mom-and-pop shops.
But the warnings have not trickled down to the
mom-and-pop shops dotting the San Fernando Valley, who stock bags of the candy, often used to stuff pinatas.
BURBANK - The mostly
mom-and-pop shops that line Magnolia Boulevard will unite tonight for the ninth annual Holiday in the Park festival as a thank-you to patrons of local businesses.
Its promoters hope to lure badly needed foot traffic to a struggling Sherman Way business corridor of
mom-and-pop shops.
