Ambiance has been styling up San Franciscans for decades. Soon, however, the chain's most popular Noe Valley location will close its doors.
"The after-COVID business is not the same as the pre-COVID business," said O'Leary."Nor are the rents the same."A reality hitting small businesses across San Francisco -- especially in retail.
Abraham said there are more than 90,000 small businesses in San Francisco, making up 93% of the city's business community. She says a majority of that group is facing"While rents are rising, small business owners are not seeing the foot traffic or consumer spending that they need in order to meet the demands of increased rent and inflation," said Abraham.Since January 2021, rent prices in San Francisco have increased 14%, according to an analysis of data compiled by SFCC.
"It is very sad," said O'Leary."But you can see all the support from the neighborhood. This has just been one of the greatest neighborhoods Ambiance has ever been in."Ambiance will extend its close-out sale to the public on Friday, July 15. Its Haight Street location previously closed during the pandemic.
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